Daily Financial Markets Report for October 29, 2021
Equities market closes on a Positive note… ASI gains 18 Basis Point
The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.18% to close at 42,038.60. Market Capitalization
increased by 40.42 Billion to close at N21.94 trillion while the Year-to-Date (YtD)
returns settled at 4.39%.
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: GUINNESS (10.00%), CUSTODIAN (9.74%), AIICO (9.73%),
WEMABANK (9.46%), TOTAL (9.45%), ETERNA (8.13%), WAPCO (5.47%), ETI
(4.09%), TRANSCORP (1.90%), UBA (1.59%), UBA (1.18%), UCAP (1.10%),
FIDELITYBK (1.09%), ZENITHBANK (0.80%),ACCESS (0.53%), MANSARD (0.43%) and
GTCO (0.35%) amongst others.
NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.29% to close at 746.86. Consequently, Market
Capitalization closed at 617.04 billion. Market activity measured by aggregate
volume increased 1,089.54% while value increased by 1,047.52%. Investors traded a
total of 1,380,413 units of shares valued at 94.91 million in 25 deals
please find here our Daily Financial Market update for today, October 29, 2021
