NGX All Share Index closes on a Negative note… ASI loses 26 Basis Point
The Nigerian Exchange Limited Bourse closed Negative. The benchmark All Share
Index (ASI) depreciated by 0.26% to close at 46,842.86. Market Capitalization
decreased by 58.37 billion to close at N25.25 trillion while the Year-to-Date (YtD)
returns settled at 9.66%.
What shaped today’s market direction?
Today’s market direction can be largely attributed to losses recorded in large and
mid-cap stocks in Banking, Industrial and Consumer Goods. Some of today’s market
losers include, REDSTAREX (-10.00%), TOTAL (-9.97%), CONOIL (-9.92%),
OKOMUOIL (-5.14%), CADBURY (-4.76%), GTCO (-4.02%), UCAP (-2.79%),
TRANSCORP (-2.00%), FBNH (-1.61%), DANGSUGAR (-1.25%), FIDSON (-1.23%),
ACCESSCORP (-0.51%) and GUINNESS (-0.28%) amongst others.
NASD Market
The NASD market closed Flat after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.00% to close at 724.49. Consequently, Market
Capitalization closed at 952.62 billion. Market activity measured by aggregate
volume decreased by 3,811.22% and value increased by 143.58%. Investors traded a
total of 3.29 million units of shares valued at N263,200 in 1 deal.
please find here our Daily Financial Market update for today, April 1, 2022