Stock Market indices recover after brief decline to maintain double-digit YTD growth

The All Share Price Index (ASPI) and the S&P SL20 index marked a recovery despite a brief decline during trading today to close trading on an upward trajectory. The reversal in the declining trend recorded during the end of trading today ensured that the ASPI continues to maintain double-digit growth so far in 2021 at 12.16%, while the S&P SL 20 also records 15.21% growth in 2021 as at the end of trading today. The ASPI closed trading on 7,597.81 points while the S&P SL 20 index closed trading at 3,039.28 points. The lowest point for the ASPI during trading today was 7,219.24 points while the lowest point recorded for the S&P SL 20 index was 2822.76 points, further bringing into perspective the recovery in the indices during the latter part of the trading day, to close the day in a positive trajectory.

The recovery in the ASPI today also places the index as one of the few primary indices that have indicated double-digit growth in 2021 globally.