Daily Financial Markets Report for January 20, 2022Yahya Abdulrahman
NGX All Share Index closes on a Positive note… ASI gains 101 Basis Points
The Nigerian Exchange Limited Bourse closed Positive. The benchmark All Share
Index (ASI) appreciated by 1.01% to close at 45,890.52. Market Capitalization
increased by 248.04 billion to close at N24.72 trillion while the Year-to-Date (YtD)
returns settled at 7.43%.
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, Industrial and Consumer Goods. Some of today’s market
gainers include NNFM (9.92%), CADBURY (7.95%), JAIZBANK (6.35%), NGXGROUP
(6.30%), DANGCEM (5.52%), UCAP (2.26%), MAYBAKER (1.15%), UBA (0.61%),
ACCESS (0.51%), OANDO (0.21%), GTCO (0.20%) and ZENITHBANK (0.19%)
The NASD market closed Flat after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.00% to close at 747.61. Consequently, Market
Capitalization closed at 633.06 billion. Market activity measured by aggregate
volume decreased by 100% and value increased by 99.98%. Investors traded a total
of 4,000 units of shares valued at N767,100 in 2 deals.
please find here our Daily Financial Market update for today, January 20, 2021.