Daily Financial Markets Report for March 09, 2022

NGX All Share Index closes on a Positive note… ASI gains 28 Basis Point

The Nigerian Exchange Limited Bourse closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.28% to close at 47,287.09 pts. Market Capitalization
increased by 71.54 billion to close at N25.49 trillion while the Year-to-Date (YtD)
returns settled at 10.69%.
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 PRESCO (10.00%), TRANSCORP (8.49%), PZ (3.47%), UCAP (3.31%),
FBNH (3.14%), NB (3.01%), NESTLE (2.87%), OKOMUOIL (1.48%), FLOURMILL
(1.31%), UBA (1.19%), ACCESS (1.00%) and FIDELITYBK (0.34%) amongst others.

NASD Market
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) decreased by 0.02% to close at 733.30. Consequently, Market
Capitalization closed at 620.94 billion. Market activity measured by aggregate
volume increased by 970.50% and value increased by 421.11%. Investors traded a
total of 946,875 units of shares valued at N48.50 million in 11 deals

please find here our Daily Financial Market update for today, March 9, 2022