Daily Financial Markets Report for January 18, 2022Yahya Abdulrahman
NGX All Share Index closes on a Positive note… ASI gains 58 Basis Point
The Nigerian Exchange Limited Bourse closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.58% to close at 44,655.89. Market Capitalization
increased by 138 billion to close at N24.05 trillion while the Year-to-Date (YtD)
returns settled at 4.54%.
What shaped today’s market direction?
Today’s market direction can be largely attributed to gains recorded in large and
mid-cap stocks in Banking, Consumer Goods, Industrial and Oil & Gas. Some of
today’s market gainers include SKYAVN (10.00%), DANGSUGAR (7.35%), BERGER
(5.84%), ETERNA (5.83%), BUAFOODS (4.21%), ETI (3.45%), ACCESS (2.11%),
BUACEMENT (2.00%), FIDELITYBK (2.00%), GTCO (1.39%), NGXGROUP (1.29%),
ZENITHBANK (0.78%) and FLOURMILL (0.18%) amongst others.
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) decreased by 0.37% to close at 747.61. Consequently, Market
Capitalization closed at 633.06 billion. Market activity measured by aggregate
volume increased by 59,025.16% and value increased by 31,396.06%. Investors
traded a total of 453 million units of shares valued at N9.85 billion in 11 deals.
please find here our Daily Financial Market update for today, January 18, 2021.