Daily Financial Markets Report for February 17, 2022
NGX All Share Index NGX Market Indices closes on a Flat note… ASI loses 1 Basis Point
The Nigerian Exchange Limited Bourse closed Flat. The benchmark All Share Index
(ASI) depreciated by 0.01% to close at 47,102.64 pts. Market Capitalization
decreased by 3.56 billion to close at N25.39 trillion while the Year-to-Date (YtD)
returns settled at 10.27%.
What shaped today’s market direction?
Today’s market direction can be largely attributed to losses recorded in large and
mid-cap stocks in Banking, Industrial and Consumer Goods. Some of today’s market
losers include SEPLAT (-5.88%), FCMB (-4.15%), UNITYBNK (-3.92%), ETERNA (-
1.94%), FIDSON (-1.22%), NGXGROUP (-1.20%), INTBREW (-0.99%), ZENITHBANK (-
0.19%) and MTNN (-0.10%) amongst others.
NASD Market
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) decreased by 0.21% to close at 734.61. Consequently, Market
Capitalization closed at 622.05 billion. Market activity measured by aggregate
volume decreased by 58.89% and value decreased by 51.82%. Investors traded a
total of 537,910 units of shares valued at N7.41 million in 4 deals.
please find here our Daily Financial Market update for today, February 17, 2022
