Author - Yahya Abdulrahman

Equities market closes on a Positive note… ASI gains 49 Basis Point

The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.49% to close at 43,444.20. Market Capitalization
increased by 111.61 Billion to close at N22.67 trillion while the Year-to-Date (YtD)
returns settled at 7.88%.
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: CUTIX (8.33%), CHIPLC (6.90%), ROYALEX (6.00%), UPL (4.55%),
AIRTELAFRI (4.39%), AIICO (4.00%), WEMABANK (2.41%), UBA (1.83%), FBNH
(1.63%), JAIZBANK (1.56%), INTBREW (0.90%), STERLNBANK (0.67%) and
VITAFOAM (0.53%) amongst others.

NASD Market
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) decreased by 0.35% to close at 744.58. Consequently, Market
Capitalization closed at 615.16 billion. Market activity measured by aggregate
volume increased by 40.18% while value decreased by 72.84%. Investors traded a
total of 80,450 units of shares valued at N2.42 million in 12 deals.

please find here our Daily Financial Market update for today, November 16, 2021.

Equities market closes on a Negative note… ASI loses 68 Basis Point

The Nigerian Exchange Limited (NGX) closed Negative. The benchmark All Share
Index (ASI) depreciated by 0.68% to close at 43,253.01. Market Capitalization
decreased by 154 Billion to close at N22.57trillion while the Year-to-Date (YtD)
returns settled at 7.41%.
What shaped today’s market direction?
Today’s market direction can be largely attributed to losses recorded in large and
mid-cap stocks in Industrial and Consumer Goods. Some of today’s market losers
include: UPDC (-9.47%), LIVESTOCK (-8.68%), GLAXOSMITH (-6.25%), MTNN (-
4.50%), HONYFLOUR (-3.95%), WEMABANK (-2.33%), AIICO (-0.78%), UCAP (-
0.52%) and FIDELITYBK (-0.37%) amongst others.

NASD Market
The NASD market closed Flat after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.01% to close at 757.16. Consequently, Market
Capitalization closed at 625.55 billion. Market activity measured by aggregate
volume decreased by 90.59% while value decreased by 56.04%. Investors traded a
total of 20,900 units of shares valued at N2.50million in 5 deals.

please find here our Daily Financial Market update for today, November 12, 2021.

Equities market closes on a Negative note… ASI loses 36 Basis Point

The Nigerian Exchange Limited (NGX) closed Negative. The benchmark All Share
Index (ASI) depreciated by 0.36% to close at 43,549.28. Market Capitalization
decreased by 82.46 Billion to close at N22.73trillion while the Year-to-Date (YtD)
returns settled at 8.14%.
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, Consumer Goods and Oil & Gas. Some of
today’s market losers include: ETRANZACT (-7.32%), STERLNBANK (-3.23%), UBA (-
2.40%), ETI (-2.31%), NGXGROUP (-2.16%), WEMABANK (-1.15%), FIDELITYBK (-
1.11%), UCAP (-1.02%), GTCO (-0.90%), ACCESS (-0.53%), MTNN (-0.50%) and
ZENITHBANK (-0.41%) amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.59% to close at 757.16. Consequently, Market
Capitalization closed at 625.55 billion. Market activity measured by aggregate
volume increased by 292.50% while value increased by 485.36%. Investors traded a
total of 222,154 units of shares valued at N5.69 million in 15 deals

please find here our Daily Financial Market update for today, November 11, 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

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