Daily Market Report for July 25, 2022

• The Nigerian Exchange Limited Bourse closed Negative. The benchmark All Share Index (ASI) depreciated by 1.11% to close at 51,400.53 pts. Market Capitalization decreased by 312.44 billion to close at N27.72 trillion and the Year-to-Date (YtD) returns settled at 20.33%.
• Performance across sectors was broadly bullish as 4 out of 5 sectors closed in the green zone. Banking, Consumer Goods, Industrial and Insurance Indices advanced by 1.03%, 0.12%, 0.04% and 0.06% respectively. While Oil/Gas Index declined by 0.03%. 
• Market activity measured by aggregate volume decreased by 51.79% and value decreased by 17.77%. Investors traded a total of 99 million units of shares valued at N2.51 billion in 4,314 deals.

Please find here our daily market report.