Daily Financial Markets Report for October 18, 2021

Equities market closes on a Negative note… ASI gains 71 Basis Point

The Nigerian Exchange Limited (NGX) closed Negative. The benchmark All Share
Index (ASI) depreciated by 0.71% to close at 41,144.67. Market Capitalization
decreased by 153.15 Billion to close at N21.47 trillion while the Year-to-Date (YtD)
returns settled at 2.17%.
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: MAYBAKER (-8.02%), ROYALEX (-7.81%), NPFMCRFBK (-
7.57%), FBNH (-7.48%), NESTLE (-5.07%), WEMABANK (-5.06%), UNIVINSURE (-
4.55%), MTNN (-2.86%), FTNCOCOA (-2.08%), UCAP (-2.03%), CHAMPION (-1.59%),
OANDO (-1.54%) and DANGSUGAR (-0.28%) amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.03% to close at 747.05. Consequently, Market
Capitalization closed at 617.20 billion. Market activity measured by aggregate
volume increased 18.59% while value increased by 109.37%. Investors traded a total
of 237,189 units of shares valued at N5.02 million in 10 deals.

please find here our Daily Financial Market update for today, October 18, 2021