Daily Financial Markets Report for September 24, 2021Yahya Abdulrahman
Equities market closes on a Positive note… ASI gains 23 Basis Point
The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.23% to close at 38,962.28. Market Capitalization
increased by 45.93 Billion to close at N20.30 trillion while the Year-to-Date (YtD)
returns settled at –3.25%.
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: SOVRENINS (8.70%), OKOMUOIL (5.77%), ETERNA (4.95%),
CHAMPION (4.71%), ACCESS (4.07%), CONOIL (3.87%), TRANSCORP (3.33%), ETI
(2.91%), ZENITHBANK (2.84%), OANDO (2.49%), UCAP (2.38%), FIDELITYBK
(1.66%), GTCO (1.28%) and UBA (0.67%) amongst others
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) decreased by 0.11% to close at 742.70. Consequently, Market
Capitalization closed at 645.54 billion. Market activity measured by aggregate
volume increased 121.96% while value increased by 88.66%. Investors traded a total
of 3,517,228 units of shares valued at N53.94 million in 41 deals.
please find here our Daily Financial Market update for today, September 24, 2021