Daily Market Report for July 27, 2022Yahya Abdulrahman
- The Nigerian Exchange Limited Bourse closed Negative. The benchmark All Share Index (ASI) depreciated by 0.50% to close at 50,188.55 pts. Market Capitalization decreased by 136.88 billion to close at N27.06 trillion and the Year-to-Date (YtD) returns settled at 17.49%.
- Performance across sectors was broadly bearish as 4 out of 5 sectors closed in the red zone. Banking, Industrial, Insurance and Oil/Gas Indices declined by 2.34%, 0.04%, 1.10% and 1.07% respectively. While Consumer Goods Index advanced by 0.05%.
- Market activity measured by aggregate volume increased by 431.17% and value increased by 39.79%. Investors traded a total of 830 million units of shares valued at N4.11 billion in 4,977 deals.
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