Daily Market Report for May 05, 2022Yahya Abdulrahman
NGX All Share Index closes on a Positive note… ASI gains 142 Basis Points
The Nigerian Exchange Limited Bourse closed Positive. The benchmark All Share
Index (ASI) appreciated by 1.42% to close at 50,835.95. Market Capitalization
increased by 382.52 billion to close at N27.41 trillion while the Year-to-Date (YtD)
returns settled at 19.01%.
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, GUINNESS (10.00%), MCNICHOLS (10.00%), NB (9.95%), FIDSON
(9.93%), CONOIL (9.92%), PRESCO (7.80%), MTNN (6.06%), OKOMUOIL (5.13%), PZ
(1.96%), WAPCO (1.69%) and ACCESSCORP (0.52%) amongst others.
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) advanced by 0.87% to close at 699.98. Consequently, Market
Capitalization closed at 920.38 billion. Market activity measured by aggregate
volume decreased by 84.92% and value decreased by 96.34%. Investors traded a
total of 262,650 units of shares valued at N6.05 million in 9 deals.
please find here our Daily Financial Market update for today, May 5, 2022