Daily Market Report for September 22, 2022

• The Nigerian Exchange Limited Bourse closed Negative. The benchmark All Share Index (ASI) depreciated by 0.47% to close at 49,190.34. Market Capitalization decreased by 124.53 billion to close at N26.53 trillion and the Year-to-Date (YtD) returns settled at 15.16%.
• Performance across sectors was broadly bearish as 4 out of 5 sectors closed in the red zone. Consumer Goods, Industrial, Insurance and Oil/Gas Indices declined by 0.36%, 2.30%, 0.32% and 0.20% respectively. While Banking index advanced by 0.42%.
• Market activity measured by aggregate volume increased by 144.51% and value increased by 202%. Investors traded a total of 127 million units of shares valued at N1.78 million in 3,117 deals.

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