Daily Market Report for September 29, 2022

Daily Market Report for September 29, 2022

The Nigerian Exchange Limited Bourse closed Negative. The benchmark All Share Index (ASI) depreciated by 0.42% to close at 48,964.80. Market Capitalization decreased by 111.62 billion to close at N26.42 trillion and the Year-to-Date (YtD) returns settled at 14.63%.

Performance across sectors was broadly bearish as 4 out of 5 sectors closed in the red zone. Banking, consumer goods, insurance and oil/gas indices declined by 0.15%, 3.22%, 0.58% and 0.03% respectively. While industrial index remained flat.

Market activity measured by aggregate volume increased by 117.37% and value increased by 88.03%. Investors traded a total of 221 million units of shares valued at N2.25 billion in 3,195 deals.

Please find here our daily market report.

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