Daily Market Report for May 04, 2022

Daily Market Report for May 04, 2022

NGX All Share Index closes on a Positive note… ASI gains 98 Basis Points

The Nigerian Exchange Limited Bourse closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.98% to close at 50,126.41. Market Capitalization
increased by 262.80 billion to close at N27.02 trillion while the Year-to-Date (YtD)
returns settled at 17.35%.
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, OKOMUOIL (10.00%), NB (9.98%), PRESCO (9.97%), FIDSON
(9.94%), NAHCO (9.24%), GUINNESS (7.53%), WEMABANK (2.86%), STANBIC
(2.68%), GLAXOSMITH (0.85%) and STERLNBANK (0.65%) amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) advanced by 0.08% to close at 693.94. Consequently, Market
Capitalization closed at 912.45 billion. Market activity measured by aggregate
volume increased by 6,042.41% and value increased by 12,193.5%. Investors traded
a total of 1.74 million units of shares valued at N165.54 million in 14 deals.

please find here our Daily Financial Market update for today, May 4, 2022

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