Daily Market Report for April 06, 2022Yahya Abdulrahman
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 46,766.16. Market Capitalization decreased
by 6.04 billion to close at N25.21 trillion while the Year-to-Date (YtD) returns settled
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, NPFMCRBK (-9.78%), RTBRISCOE (-8.93%), JAIZBANK (-4.48%),
OANDO (-2.89%), NASCON (-2.46%), NGXGROUP (-2.30%), TRANSCORP (-2.00%),
GTCO (-1.12%), NB (-1.11%) and ZENITHBANK (-0.44%) amongst others.
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.47% to close at 729.08. Consequently, Market
Capitalization closed at 958.65 billion. Market activity measured by aggregate
volume decreased by 27.49% and value decreased by 15.53%. Investors traded a
total of 480,800 units of shares valued at N38 million in 14 deals.
please find here our Daily Financial Market update for today, April 6, 2022