Daily Financial Markets Report for November 17, 2021
Equities market closes on a Negative note… ASI loses 22 Basis Point
The Nigerian Exchange Limited (NGX) closed Negative. The benchmark All Share
Index (ASI) depreciated by 0.22% to close at 43,349.90. Market Capitalization
decreased by 49.21 Billion to close at N22.62 trillion while the Year-to-Date (YtD)
returns settled at 7.65%.
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: NEIMETH (-9.09%), UNITYBNK (-8.47%), UNILEVER (-7.53%), ARDOVA (-
5.38%), JAIZBANK (-4.62%), PZ (-4.13%), ACCESS (-2.67%), FIDELITYBK (-2.26%),
GTCO (-2.23%), FBNH (-1.60%), FLOURMILL (-1.32%), DANGSUGAR (-1.18%) and
NGXGROUP (-0.56%) amongst others.
NASD Market
The NASD market closed Flat after today’s trading activities as the Unlisted
Securities Index (USI) decreased by 0.00% to close at 744.58. Consequently, Market
Capitalization closed at 615.16 billion. Market activity measured by aggregate
volume decreased by 96.20% while value decreased by 96.48%. Investors traded a
total of 3,058 units of shares valued at N85,245.60 in 4 deals.
please find here our Daily Financial Market update for today, November 17, 2021.
