Daily Financial Markets Report for November 8, 2021

Equities market closes on a Positive note… ASI gains 293 Basis Point

The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 2.93% to close at 43,246.87. Market Capitalization
increased by 643 Billion to close at N22.57trillion while the Year-to-Date (YtD)
returns settled at 7.39%.
What shaped today’s market direction?
Today’s market direction can be largely attributed to gains recorded in large and
mid-cap stocks in Industrial and Consumer Goods. Some of today’s market gainers
include: AIRTELAFRI (10.00%), REDSTARX (9.94%), MTNN (9.62%), UNILEVER
(9.36%), UCAP (3.80%), NGXGROUP (3.38%), ETI (2.96%), FBNH (2.25%), WAPCO
(1.96%), GUINNESS (1.63%), OANDO (0.83%) and NAHCO (0.58%) amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.79% to close at 751.40. Consequently, Market
Capitalization closed at 620.79 billion. Market activity measured by aggregate
volume decreased by 97.84% while value decreased by 54.76%. Investors traded a
total of 45,554 units of shares valued at 1.63 million in 7 deals

please find here our Daily Financial Market update for today, November 08, 2021