Daily Financial Markets Report for November 1, 2021

Equities market closes on a Negative note… ASI loses 15 Basis Point

The Nigerian Exchange Limited (NGX) closed Negative. The benchmark All Share
Index (ASI) depreciated by 0.15% to close at 41,976.79. Market Capitalization
decreased by 32.25 Billion to close at N21.90 trillion while the Year-to-Date (YtD)
returns settled at 4.24%.
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: ETERNA (-9,94%), UPDC (-9.44%), OANDO (-7.92%),
HONYFLOUR (-7.78%), ETI (-4.49%), DANGSUGAR (-2.94%), FBNH (-2.71%), UCAP (-
2.17%), TRANSCORP (-1.87%), NB (-0.94%), GTCO (-0.87%), PZ (-0.78%), UBA (-
0.58%), ACCESS (-0.53%),MANSARD (-0.43%) and ZENITH (-0.40%) amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.19% to close at 748.26. Consequently, Market
Capitalization closed at 618.19 billion. Market activity measured by aggregate
volume decreased 60.81% while value decreased by 89.82%. Investors traded a total
of 541,040 units of shares valued at 9.66billion in 8 deals.

please find here our Daily Financial Market update for today, November 01, 2021