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Nigeria stock market closes flat

Iheanyi Nwachukwu
1 Min Read

At the close of stock trading session on Tuesday, the Nigerian Exchange Limited All-Share Index (ASI) closed flat by 0.00 percent, from day-open level of 47,066.77 points to 47,064.82 points.

Meanwhile, the value of listed stocks on the Nigerian Bourse stood at N25.361trillion from preceding day’s N25.360trillion.

January’s headline reading declined by 3 basis points (bps) when compared with the previous month) to 15.60percent year-on-year (y/y).

Read also: Here’s how 2022 stock picks are doing year-to-date

In 5,331 deals, investors exchanged 274,206,976 units valued at N3.817billion. Year-to-date (YtD) positive return printed at 10.18 percent.
Access Bank, Japaul Gold, Guinness, Sterling Bank and Etranzact were actively traded stocks.

The market has decreased by 0.29percent week-to- date (WtD). Month-to-date (MtD) return remains positive at 0.94 percent.

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Iheanyi Nwachukwu, is a creative content writer with over 18 years journalism experience writing on banking, finance and capital markets. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos. Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA).