Daily Financial Markets Report for March 10, 2022

NGX All Share Index closes on a Positive note… ASI gains 17 Basis Point

The Nigerian Exchange Limited Bourse closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.17% to close at 47,363.98 pts. Market Capitalization
increased by 41.44 billion to close at N25.53 trillion while the Year-to-Date (YtD)
returns settled at 10.88%.
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 UACN (9.84%), PRESCO (8.74%), NASCON (3.85%), HONYFLOUR
(2.50%), OKOMUOIL (2.19%), DANGSUGAR (1.27%), MTNN (0.98%), ZENITHBANK
(0.75%), ACCESS (0.50%) and ARDOVA (0.43%) amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.05% to close at 733.66. Consequently, Market
Capitalization closed at 621.25 billion. Market activity measured by aggregate
volume increased by 379.76% and value decreased by 5.84%. Investors traded a
total of 4.54 million units of shares valued at N45.67 million in 10 deals.

please find here our Daily Financial Market update for today, March 10, 2022