Daily Financial Markets Report for October 04, 2021Yahya Abdulrahman
Equities market closes on a Positive note… ASI gains 5 Basis Point
The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.05% to close at 40,243.05. Market Capitalization
increased by 14.45 Billion to close at N20.97 trillion while the Year-to-Date (YtD)
returns settled at –0.07%.
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: MANSARD (9.87%), UPL (9.76%), ETERNA (8.57%),
SOVRENINS (4.17%), UCAP (3.91%), FCMB (2.08%), FBNH (1.86%), HONYFLOUR
(1.60%), UBA (0.66%), DANGSUGAR (0.57%), ZENITHBANK (0.21%), GTCO (0.18%)
and FIDSON (0.17%) amongst others.
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.12% to close at 733.92. Consequently, Market
Capitalization closed at 637.91 billion. Market activity measured by aggregate
volume decreased 92.54% while value decreased by 37.43%. Investors traded a total
of 441,212 units of shares valued at N6.35 million in 12 deals.
please find here our Daily Financial Market update for today, October 4, 2021