Daily Financial Markets Report for September 28, 2021

Equities market closes on a Flat note… ASI loses 1 Basis Point

The Nigerian Exchange Limited (NGX) closed Flat. The benchmark All Share Index
(ASI) depreciated by 0.01% to close at 38,858.99. Market Capitalization decreased
by 2.78 Billion to close at N20.245 trillion while the Year-to-Date (YtD) returns
settled at –3.51%.
What shaped today’s market direction?
Today’s market direction can be largely attributed to losses recorded in large and
mid-cap stocks in Banking, Industrial and Consumer goods sector. Some of today’s
market losers include: MANSARD (-9.70%), AFRIPRUD (-8.59%), TRIPPLEG (-6.25%),
WAPIC (-4.00%), FCMB (-3.33%), ACCESS (-1.09%), AIICO (-1.04%), ZENITHBANK (-
0.64%) and UPDC (-0.53%) amongst others.

NASD Market
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) decreased by 0.67% to close at 737.39. Consequently, Market
Capitalization closed at 640.92 billion. Market activity measured by aggregate
volume decreased 99.46% while value decreased by 97.78%. Investors traded a total
of 7,796,355 units of shares valued at N40.24 million in 23 deals.

please find here our Daily Financial Market update for today, September 28, 2021