Daily Financial Markets Report for October 07, 2021

Equities market closes on a Positive note… ASI gains 16 Basis Point

The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.16% to close at 40,829.15. Market Capitalization
increased by 33.33 Billion to close at N21.28 trillion while the Year-to-Date (YtD)
returns settled at 1.39%.
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: PRESCO (5.92%), ETI (3.45%), FBNH (3.09%), CHAMPION
(2.44%), OKOMUOIL (2.39%), UBA (1.94%), WAPCO (1.52%), WEMABANK (1.32%),
FIDELITYBK (1.16%), NAHCO (1.14%), ACCESS (1.08%), ZENITHBANK (0.42%) and
FCMB (0.33%) amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.75% to close at 737.96. Consequently, Market
Capitalization closed at 641.42 billion. Market activity measured by aggregate
volume decreased 65.94% while value decreased by 76.65%. Investors traded a total
of 1,038,629 units of shares valued at N11.42 million in 17 deals.

please find here our Daily Financial Market update for today, October 7, 2021