Daily Financial Markets Report for February 24, 2022

NGX All Share Index closes on a Positive note… ASI gains 14 Basis Points

The Nigerian Exchange Limited Bourse closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.14% to close at 47,272.04 pts. Market Capitalization
increased by 34.91 billion to close at N25.48 trillion while the Year-to-Date (YtD)
returns settled at 10.66%.
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 ETRANZACT (10.00%), RTBRISCOE (8.86%), SEPLAT (7.49%),
NGXGROUP (7.17%), VITAFOAM (2.18%), NAHCO (1.86%), GTCO (1.51%),
AFRIPRUD (1.36%), FCMB (1.00%), UBA (0.58%), FBNH (0.44%) and ZENITHBANK
(0.19%) amongst others.

NASD Market
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) decreased by 0.97% to close at 730.93. Consequently, Market
Capitalization closed at 618.94 billion. Market activity measured by aggregate
volume increased by 211,222% and value increased by 17,432%. Investors traded a
total of 8.62 million units of shares valued at N92.61 million in 19 deals.

please find here our Daily Financial Market update for today, February 24, 2022