Daily Market Report for August 29, 2022
- The Nigerian Exchange Limited Bourse closed Flat. The benchmark All Share Index (ASI) depreciated by 0.01% to close at 49,676.75 pts. Market Capitalization decreased by 2.91 billion to close at N26.79 trillion and the Year-to-Date (YtD) returns settled at 16.29%.
- Performance across sectors was broadly bearish as 3 out of 5 sectors closed in the red zone. Consumer Goods, Insurance and Oil/Gas indices declined by 0.26%, 0.24% and 0.05% respectively. Banking index advanced by 0.25%. While Industrial index remained flat.
- Market activity measured by aggregate volume increased by 20.38% while value decreased by 52.90%. Investors traded a total of 233 million units of shares valued at N2.19 billion in 4,425 deals.
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