Daily Market Report for August 26, 2022

• The Nigerian Exchange Limited Bourse closed Flat. The benchmark All Share Index (ASI) appreciated by 0.04% to close at 49,682.15 pts. Market Capitalization increased by 10.94 billion to close at N26.80 trillion and the Year-to-Date (YtD) returns settled at 16.31%.
• Performance across sectors was broadly bearish as 3 out of 5 sectors closed in the red zone. Banking, Industrial, and Insurance indices declined by 0.67%, 0.01% and 0.39% respectively. While Consumer Goods and Oil/Gas indices advanced by 0.51% and 0.16% respectively.
• Market activity measured by aggregate volume decreased by 14.55% and value increased by 67.93%. Investors traded a total of 194 million units of shares valued at N4.64 billion in 3,307 deals.

Please find here our daily market report.