Daily Financial Markets Report for September 23, 2021Yahya Abdulrahman
Equities market closes on a Positive note… ASI gains 6 Basis Point
The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.06% to close at 38,874.13. Market Capitalization
increased by 11.17 Billion to close at N20.25 trillion while the Year-to-Date (YtD)
returns settled at –3.47%.
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: NAHCO (10.00%), PZ (4.55%), OANDO (3.66%), MBENEFIT
(3.45%), GTCO (1.29%), FLOURMILL (1.21%), UBA (0.66%), WAPCO (0.22%) and
STANBIC (0.13%) amongst others.
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.07% to close at 743.52. Consequently, Market
Capitalization closed at 646.24 billion. Market activity measured by aggregate
volume decreased 49.67% while value decreased by 93.33%. Investors traded a total
of 1,584,627 units of shares valued at N28.59 million in 19 deals.
please find here our Daily Financial Market update for today, September 23, 2021