Daily Financial Markets Report for March 14, 2022

NGX All Share Index closes on a Flat note… ASI loses 2 Basis Points

The Nigerian Exchange Limited Bourse closed Flat. The benchmark All Share Index
(ASI) depreciated by 0.02% to close at 47,428.67 pts. Market Capitalization
decreased by 4.75 billion to close at N25.56 trillion while the Year-to-Date (YtD)
returns settled at 11.03%.
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 CWG (-10.00%), ETERNA (-10.00%), CONOIL (-4.38%), JAIZBANK (-
4.00%), INTBREW (-2.88%), AIICO (-2.86%), PZ (-2.72%), GLAXOSMITH (-1.63%),
GTCO (-1.11%), NB (-1.09%) and MTNN (-0.49%) amongst others.

NASD Market
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) decreased by 2.42% to close at 716.39. Consequently, Market
Capitalization closed at 606.62 billion. Market activity measured by aggregate
volume decreased by 97.85% and value decreased by 85.67%. Investors traded a
total of 107,515 units of shares valued at N7.52 million in 9 deals.

please find here our Daily Financial Market update for today, March 14, 2022