Daily Financial Markets Report for October 12, 2021

Daily Financial Markets Report for October 12, 2021

Equities market closes on a Positive note… ASI gains 45 Basis Point

The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.45% to close at 40,896.96. Market Capitalization
increased by 95.46 Billion to close at N21.31 trillion while the Year-to-Date (YtD)
returns settled at 1.56%.
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: CHAMPION (10.00%), FBNH (9.79%), ETI (7.25%),
AFRIPRUD (4.00%), CADBURY (1.88%), BUACEMENT (1.79%), ACCESS (1.59%),
WEMABANK (1.33%), UBA (1.26%), DANGSUGAR (1.15%), TRANSCORP (1.05%),
STANBIC (0.79%), FIDELITYBK (0.77%) and GTCO (0.71%) amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.64% to close at 745.44. Consequently, Market
Capitalization closed at 615.86 billion. Market activity measured by aggregate
volume increased 247.10% while value increased by 382.05%. Investors traded a
total of 991,482 units of shares valued at N24.37 millio in 10 deals.

please find here our Daily Financial Market update for today, October 12, 2021

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