Daily Financial Markets Report for March 28, 2022
NGX All Share Index closes on a Negative note… ASI loses 15 Basis Point
The Nigerian Exchange Limited Bourse closed Negative. The benchmark All Share
Index (ASI) depreciated by 0.15% to close at 46,893.86 pts. Market Capitalization
decreased by 37.93 billion to close at N25.27 trillion while the Year-to-Date (YtD)
returns settled at 9.78%.
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, LEARNAFRCA (-9.68%), FCMB (-6.89%), TRANSCORP (-6.54%),
ARDOVA (-3.35%), HONYFLOUR (-2.81%), ZENITHBANK (-2.28%), FBNH (-2.11%)
and FIDELITYBK (-0.61%) 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 723.11. Market Capitalization
closed at 950.80 billion. Market activity measured by aggregate volume decreased
by 34.68% and value decreased by 70.25%. Investors traded a total of 3.45 million
units of shares valued at N22.38 million in 8 deals.
please find here our Daily Financial Market update for today, March 28, 2022
