Daily Financial Markets Report for March 8, 2022

NGX All Share Index closes on a Negative note… ASI loses 23 Basis Point

The Nigerian Exchange Limited Bourse closed Negative. The benchmark All Share
Index (ASI) depreciated by 0.23% to close at 47,154.35 pts. Market Capitalization
decreased by 58.34 billion to close at N25.41 trillion while the Year-to-Date (YtD)
returns settled at 10.39%.
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 JAIZBANK (-10.00%), NEM (-9.87%), HONYFLOUR (-7.74%),
FLOURMILL (-4.38%), NB (-3.13%), NESTLE (-2.79%), ARDOVA (-2.52%), UCAP (-
2.50%), WAPCO (-2.08%), OANDO (2.03%), TRANSCORP (1.85%), FIDELITYBK
(0.67%) and ZENITHBANK (-0.56%) amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.76% to close at 733.44. Consequently, Market
Capitalization closed at 621.06 billion. Market activity measured by aggregate
volume increased by 5.22% and value increased by 259.59%. Investors traded a total
of 88,452 units of shares valued at N9.30 million in 5 deals.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.76% to close at 733.44. Consequently, Market
Capitalization closed at 621.06 billion. Market activity measured by aggregate
volume increased by 5.22% and value increased by 259.59%. Investors traded a total
of 88,452 units of shares valued at N9.30 million in 5 deals.

please find here our Daily Financial Market update for today, March 8, 2022