Daily Financial Markets Report for November 4, 2021

Equities market closes on a Negative note… ASI loses 8 Basis Point

The Nigerian Exchange Limited (NGX) closed Negative. The benchmark All Share
Index (ASI) depreciated by 0.08% to close at 41,943.83. Market Capitalization
decreased by 16.50 Billion to close at N21.88 trillion while the Year-to-Date (YtD)
returns settled at 4.15%.
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, Oil and Gas and Consumer goods sector. Some
of today’s market losers include: PHARMDEKO (-10.00%), UNILEVER (-8.65%),
GUINNESS (-7.27%), PZ (-5.51%), NGXGROUP (-4.38%), NAHCO (-4.23%), OANDO (-
3.41%), UBA (-2.41%), WAPCO (-1.92%), UNITYBNK (-1.85%), CAVERTON (-1.11%),
LASACO (-0.94%), NEIMETH (-0.55%) and ACCESS (-0.54%) amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.12% to close at 748.52. Consequently, Market
Capitalization closed at 618.41 billion. Market activity measured by aggregate
volume increased by 244.97% while value increased by 85.49%. Investors traded a
total of 411,662 units of shares valued at 22.81 million in 16 deals.

please find here our Daily Financial Market update for today, November 04, 2021