Daily Financial Markets Report for November 9, 2021

Equities market closes on a Positive note… ASI gains 112 Basis Point

The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 1.12% to close at 43,730.55. Market Capitalization
increased by 252 Billion to close at N22.82trillion while the Year-to-Date (YtD)
returns settled at 8.59%.
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, Consumer Goods and Oil & Gas. Some of
today’s market gainers include: FTNCOCOA (10.00%), ARDOVA (7.38%), UACN
(7.14%), NGXGROUP (4.63%), MTNN (3.90%), WAPCO (3.46%), STERLNBANK
(3.33%), UCAP (2.62%), AIRTELAFRI (2.56%), DANGSUGAR (2.40%), FIDELITYBK
(1.85%), AIICO (1.56%), FLOURMILL (1.40%), NAHCO (1.16%), ACCESS (0.53%) and
FIDSON (0.32%) amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.17% to close at 752.67. Consequently, Market
Capitalization closed at 621.84 billion. Market activity measured by aggregate
volume increased by 1,493.68% while value increased by 817.80%. Investors traded
a total of 725,984 units of shares valued at 15.03 million in 17 deals

please find here our Daily Financial Market update for today, November 09, 2021