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Nigerian Capital Market Report Q3 2022

Oct 20, 2022   •   by Proshare Research   •   Source: Proshare   •   eye-icon 361 views

Nigerian Equities Market closed the month of July 2022 in the red zone to open Q3 2022 on a bearish note as market sentiment remained negative as against the -2.21% decline recorded in the month of June 2022. The NGXASI dipped further by -1.06% in August 2022 while the benchmark indicator also declined by -1.63% in September 2022. 

 

Quarter-on-Quarter, the NGXASI declined by -5.39% in Q3 2022 as against +6.10% growth in Q3 2021. 

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