Daily Market Report for April 08, 2022

NGX All Share Index closes on a Positive note… ASI gains 19 Basis Points

The Nigerian Exchange Limited Bourse closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.19% to close at 46,631.46. Market Capitalization
increased by 47.42 billion to close at N25.14 trillion while the Year-to-Date (YtD)
returns settled at 9.17%.
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, ARDOVA (9.87%), FCMB (7.17%), CONOIL (6.34%), NAHCO (6.16%),
GTCO (2.45%), GUINNESS (2.19%), TRANSCORP (2.04%), UCAP (1.55%), UBA
(1.29%), WAPCO (0.92%), ZENITHBANK (0.88%), FIDELITYBK (0.85%) and JBERGER
(0.19%) amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 1.55% to close at 738.87. Consequently, Market
Capitalization closed at 971.52 billion. Market activity measured by aggregate
volume decreased by 27.42% and value increased by 65.32%. Investors traded a
total of 1.01 million units of shares valued at N54.90 million in 28 deals.

please find here our Daily Financial Market update for today, April 8, 2022