News

Equities market closes on a Positive note… ASI gains 10 Basis Point

The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.10% to close at 40,868.36. Market Capitalization
increased by 20.43 Billion to close at N21.30 trillion while the Year-to-Date (YtD)
returns settled at 1.48%.
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 and Consumer goods sector. Some of today’s
market gainers include: UPL (9.72%), ETI (5.00%), STERLNBANK (4.79%), UACN
(4.41%), ROYALEX (3.64%), TRANSCORP (3.19%), UNITYBNK (1.82%), ZENITHBANK
(1.45%), GTCO (0.70%), FCMB (0.66%), UBA (0.63%), FLOURMILL (0.34%) and
OANDO (0.19%) amongst others

NASD Market
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) decreased by 0.47% to close at 734.48. Consequently, Market
Capitalization closed at 638.39 billion. Market activity measured by aggregate
volume decreased 67.70% while value decreased by 57.69%. Investors traded a total
of 335,437 units of shares valued at N4.83 million in 8 deals

please find here our Daily Financial Market update for today, October 8, 2021

Equities market closes on a Positive note… ASI gains 16 Basis Point

The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.16% to close at 40,829.15. Market Capitalization
increased by 33.33 Billion to close at N21.28 trillion while the Year-to-Date (YtD)
returns settled at 1.39%.
What shaped today’s market direction?
Today’s market direction can be largely attributed to gains recorded in large and
mid-cap stocks in Banking, Industrial and Consumer goods sector. Some of today’s
market gainers include: PRESCO (5.92%), ETI (3.45%), FBNH (3.09%), CHAMPION
(2.44%), OKOMUOIL (2.39%), UBA (1.94%), WAPCO (1.52%), WEMABANK (1.32%),
FIDELITYBK (1.16%), NAHCO (1.14%), ACCESS (1.08%), ZENITHBANK (0.42%) and
FCMB (0.33%) amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.75% to close at 737.96. Consequently, Market
Capitalization closed at 641.42 billion. Market activity measured by aggregate
volume decreased 65.94% while value decreased by 76.65%. Investors traded a total
of 1,038,629 units of shares valued at N11.42 million in 17 deals.

please find here our Daily Financial Market update for today, October 7, 2021

Equities market closes on a Positive note… ASI gains 12 Basis Point

The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.12% to close at 40,765.20. Market Capitalization
increased by 25.29 Billion to close at N21.24 trillion while the Year-to-Date (YtD)
returns settled at 1.23%.
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 and Consumer goods sector. Some of today’s
market gainers include: FBNH (7.78%), NNFM (6.49%), FCMB (3.77%), AFRIPRUD
(3.12%), FIDELITYBK (2.78%), UACN (2.44%), UNITYBNK (1.82%), ETI (1.75%),
JAIZBANK (1.64%), WAPCO (0.88%), ZENITHBANK (0.63%) and VITAFOAM (0.29%)
amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.43% to close at 732.49. Consequently, Market
Capitalization closed at 636.66 billion. Market activity measured by aggregate
volume decreased 43.81% while value increased by 89.38%. Investors traded a total
of 3,049,262 units of shares valued at N48.90 million in 36 deals.

please find here our Daily Financial Market update for today, October 6, 2021

Equities market closes on a Positive note… ASI gains 118 Basis Point

The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 1.18% to close at 40,716.66. Market Capitalization
increased by 246.79 Billion to close at N21.22 trillion while the Year-to-Date (YtD)
returns settled at 1.11%.
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 and Consumer goods sector. Some of today’s
market gainers include: FBNH (9.76%), AIRTELAFRI (6.29%), ETI (5.56%), UBA
(4.61%), AFRIPRUD (4.07%), OANDO (3.79%), UNITYBNK (3.77%), TRANSCORP
(3.19%), FIDELITYBK (2.86%), STERLNBANK (2.74%), ACCESS (2.73%), ZENITHBANK
(1.70%), HONYFLOUR (1.57%), GTCO (1.42%), UCAP (1.08%) and DANGSUGAR
(0.57%) amongst others.

NASD Market
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) decreased by 0.62% to close at 729.38. Consequently, Market
Capitalization closed at 633.96 billion. Market activity measured by aggregate
volume increased 1130.04% while value increased by 306.59%. Investors traded a
total of 5,427,106 units of shares valued at N25.82 million in 37 deals.

please find here our Daily Financial Market update for today, October 5, 2021

Equities market closes on a Positive note… ASI gains 5 Basis Point

The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.05% to close at 40,243.05. Market Capitalization
increased by 14.45 Billion to close at N20.97 trillion while the Year-to-Date (YtD)
returns settled at –0.07%.
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 and Consumer goods sector. Some of today’s
market gainers include: MANSARD (9.87%), UPL (9.76%), ETERNA (8.57%),
SOVRENINS (4.17%), UCAP (3.91%), FCMB (2.08%), FBNH (1.86%), HONYFLOUR
(1.60%), UBA (0.66%), DANGSUGAR (0.57%), ZENITHBANK (0.21%), GTCO (0.18%)
and FIDSON (0.17%) 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 733.92. Consequently, Market
Capitalization closed at 637.91 billion. Market activity measured by aggregate
volume decreased 92.54% while value decreased by 37.43%. Investors traded a total
of 441,212 units of shares valued at N6.35 million in 12 deals.

please find here our Daily Financial Market update for today, October 4, 2021