Daily Financial Markets Report for March 23, 2022
NGX All Share Index closes on a Flat note… ASI gains 2 Basis Points
The Nigerian Exchange Limited Bourse closed Flat. The benchmark All Share Index
(ASI) appreciated by 0.02% to close at 47,163.94 pts. Market Capitalization
increased by 3.98 billion to close at N25.42 trillion while the Year-to-Date (YtD)
returns settled at 10.41%.
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, CAP (10.00%), STERLNBANK (3.95%), CONOIL (2.92%), FIDELITYBK
(1.89%), UCAP (1.63%), NAHCO (1.27%), ACCESS (1.02%), WAPCO (0.85%) and UBA
(0.66%) amongst others.
NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.09% to close at 710.81. Consequently, Market
Capitalization closed at 586.97 billion. Market activity measured by aggregate
volume increased by 200,143,004.98% and value increased by 870,344.43%.
Investors traded a total of 2.25 billion units of shares valued at N1.22 billion in 4
deals.
please find here our Daily Financial Market update for today, March 23, 2022
