Daily Market Report for August 30, 2022

• The Nigerian Exchange Limited Bourse closed Negative. The benchmark All Share Index (ASI) depreciated by 0.07% to close at 49,642.69 pts. Market Capitalization decreased by 18.37 billion to close at N26.78 trillion and the Year-to-Date (YtD) returns settled at 16.21%.
• Performance across sectors was broadly bullish as 2 out of 5 sectors closed in the green zone. Insurance and Oil/Gas indices advanced by 0.08% and 0.10% respectively. Banking index declined by 0.13%. While Consumer goods and Industrial indices remained unchanged.
• Market activity measured by aggregate volume decreased by 45.93% while value increased by 40.57%. Investors traded a total of 126 million units of shares valued at N26.78 billion in 4,145 deals.

Please find here our daily market report.