Daily Financial Markets Report for September 17, 2021

Equities market closes on a Positive note… ASI gains 8 Basis Point

The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.08% to close at 38,943.87. Market Capitalization
increased by 16.60 Billion to close at N20.29 trillion while the Year-to-Date (YtD)
returns settled at –3.29%.
What shaped today’s market direction?
Today’s market direction can be largely attributed to gains recorded in large and
mid-cap stocks in Banking, Industrial and Consumer goods sector. Some of today’s
market gainers include: CHIPLC (8.33%), UCAP (6.59%), SOVRENINS (4.00%), GTCO
(3.51%), HONYFLOUR (2.30%), UACN (2.04%), OANDO (1.76%), NAHCO (1.33%), PZ
(0.86%), FIDELITYBK (0.83%), AFRIPRUD (0.81%), ZENITHBANK (0.63%), STANBIC
(0.26%) and FLOURMILL (0.17%) amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) decreased by 0.01% to close at 735.72. Consequently, Market
Capitalization closed at 639.47 billion. Market activity measured by aggregate
volume increased 21.52% while value increased by 33.68%. Investors traded a total
of 3,592,379 units of shares valued at N46.19 million in 35 deals.

please find here our Daily Financial Market update for today, September 17, 2021