Daily Financial Markets Report for October 28, 2021
Equities market closes on a Positive note… ASI gains 41 Basis Point
The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.41% to close at 41,961.14. Market Capitalization
increased by 89.53 Billion to close at N21.90 trillion while the Year-to-Date (YtD)
returns settled at 4.20%.
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: CADBURY (10.00%), GUINNESS (10.00%), UPL (10.00%),
AIICO (9.71%), NB (6.37%), ETI (6.21%), AFRIPRUD (4.10%), TRANSCORP (2.94%),
UPDC (1.67%), WAPCO (1.59%), UBA (1.19%), OANDO (0.99%), MTNN (0.92%),
MTNN (0.92%), VITAFOAM (0.57%), FIDELITYBK (0.36%) and ZENITHBANK (0.20%)
amongst others.
NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 1.01% to close at 743.99. Consequently, Market
Capitalization closed at 614.67 billion. Market activity measured by aggregate
volume decreased 54.09% while value increased by 86.76%. Investors traded a total
of 116,046 units of shares valued at 8.27 million in 11 deals.
please find here our Daily Financial Market update for today, October 28, 2021
