Daily Market Report for August 11, 2022

• The Nigerian Exchange Limited Bourse closed Negative. The benchmark All Share Index (ASI) depreciated by 0.12% to close at 50,014.60 pts. Market Capitalization decreased by 32.83 billion to close at N26.98 trillion and the Year-to-Date (YtD) returns settled at 17.09%.
• Performance across sectors was broadly bullish as 2 out of 5 sectors closed in the green zone. Industrial and Insurance Indices advanced by 0.10% and 0.61%, respectively. Banking and Consumer Goods indices declined by 0.62% and 0.03% respectively. While Oil/Gas indices remained unchanged. 
• Market activity measured by aggregate volume decreased by 52.16% while value increased by 17.06%. Investors traded a total of 134 million units of shares valued at N2.44 billion in 4,292 deals.

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