Daily Financial Markets Report for October 22, 2021
Equities market closes on a Positive note… ASI gains 14 Basis Point
The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.14% to close at 41,763.26. Market Capitalization
increased by 30 Billion to close at N21.79 trillion while the Year-to-Date (YtD)
returns settled at 3.71%.
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: CUTIX (10.00%), UNILEVER (9.85%), PZ (9.26%), TOTAL
(6.17%), ETERNA (3.90%), STANBIC (3.80%), ETI (3.42%), CUSTODIAN (1.91%),
OANDO (1.83%), SEPLAT (1.60%), FBNH (1.24%), AIICO (1.08%), GUINNESS (1.03%)
and UBA (0.60%) amongst others
NASD Market
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) decreased by 0.33% to close at 747.53. Consequently, Market
Capitalization closed at 617.59 billion. Market activity measured by aggregate
volume increased 6.07% while value increased by 14.71%. Investors traded a total of
222,000 units of shares valued at 4.90 million in 5 deals.
please find here our Daily Financial Market update for today, October 22, 2021
