Daily Financial Markets Report for October 27, 2021

Equities market closes on a Negative note… ASI loses 6 Basis Point

The Nigerian Exchange Limited (NGX) closed Negative. The benchmark All Share
Index (ASI) depreciated by 0.06% to close at 41,789.59. Market Capitalization
decreased by 12.88 Billion to close at N21.81 trillion while the Year-to-Date (YtD)
returns settled at 3.77%.
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: GLAXOSMITH (-10.00%), FBNH (-6.05%), AFRIPRUD (-3.94%),
CUSTODIAN (-3.75%), INTBREW (-2.83%), PZ (-1.54%), FIDELITYBK (-0.72%),
STERLNBANK (-0.66%), UBA (-0.59%) and NESTLE (-0.36%) amongst others.

NASD Market
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) decreased by 0.92% to close at 736.53. Consequently, Market
Capitalization closed at 608.51 billion. Market activity measured by aggregate
volume increased 100.13% while value decreased by 61.89%. Investors traded a
total of 252,778 units of shares valued at 4.43 million in 10 deals

please find here our Daily Financial Market update for today, October 27, 2021