Daily Financial Markets Report for March 11, 2022

NGX All Share Index closes on a Positive note… ASI gains 15 Basis Point

The Nigerian Exchange Limited Bourse closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.15% to close at 47,437.38 pts. Market Capitalization
increased by 39.61 billion to close at N25.57 trillion while the Year-to-Date (YtD)
returns settled at 11.05%.
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 NIGERINS (10.00%), UACN (5.97%), CONOIL (5.24%), GTCO (3.85%),
UCAP (2.87%), FLOURMILL (2.77%), HONYFLOUR (2.71%), FCMB (1.45%),
ZENITHBANK (1.12%), TRANSCORP (0.92%), UBA (0.59%) and FBNH (0.43%)
amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.07% to close at 734.16. Consequently, Market
Capitalization closed at 621.67 billion. Market activity measured by aggregate
volume increased by 10.11% and value increased by 14.97%. Investors traded a total
of 5 million units of shares valued at N52.5 million in 4 deals

please find here our Daily Financial Market update for today, March 11, 2022