Daily Financial Markets Report for October 13, 2021Yahya Abdulrahman
Equities market closes on a Positive note… ASI gains 38 Basis Point
The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.38% to close at 41,051.19. Market Capitalization
increased by 80.36 Billion to close at N21.39 trillion while the Year-to-Date (YtD)
returns settled at 1.94%.
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: TRANSCOHOT (9.94%), CHAMPION (9.88%), OKOMUOIL
(8.23%), STERLNBANK (4.79%), CADBURY (4.29%), UBA (3.11%), FBNH (2.82%),
FIDELITYBK (2.66%), OANDO (2.59%), WAPCO (2.49%), ACCESS (2.08%), UCAP
(1.67%), DANGSUGAR (1.14%), GTCO (1.06%), ZENITHBANK (1.02%) and FCMB
(0.33%) amongst others.
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) decreased by 0.98% to close at 738.11. Consequently, Market
Capitalization closed at 609.81 billion. Market activity measured by aggregate
volume increased 33,063.51% while value increased by 597.38%. Investors traded a
total of 328,810,227 units of shares valued at N169.97 million in 11 deals.
please find here our Daily Financial Market update for today, October 13, 2021