Daily Market Report for October 12, 2022

•  The Nigerian Exchange Limited Bourse closed Negative. The benchmark All Share Index (ASI) depreciated by 0.07% to close at 47,531.84. The Year-to-Date (YtD) returns settled at 11.27%.
•   Performance across sectors was broadly bearish as 3 out of 5 sectors closed in the red zone. Banking, Consumer Goods and Insurance indices declined by -0.31%, -0.05%, and -0.53% respectively. Oil/Gas index advanced by 0.35%. 
• While the industrial index remained flat. Market activity measured by aggregate volume increased by 23.50% and value increased by 91.34%. Investors traded a total of 155 million units of shares valued at N3.66 billion in 3,701 deals.   

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