Daily Market Report for September 20, 2022

• The Nigerian Exchange Limited Bourse closed Flat. The benchmark All Share Index (ASI) appreciated by 0.01% to close at 49,445.31pts. Market Capitalization increased by 3.22 billion to close at N26.67 trillion and the Year-to-Date (YtD) returns settled at 15.75%.
• Performance across sectors was broadly bearish as 3 out of 5 sectors closed in the red zone. Consumer Goods, Industrial and Oil/Gas Indices declined by 0.05%, 0.01% and 2.30% respectively. While Banking and Insurance indices advanced by 0.22% and 0.15% respectively. 
• Market activity measured by aggregate volume increased by 119.07% and value increased by 61.72%. Investors traded a total of 148 million units of shares valued at N2.39 billion in 3,323 deals.

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