× Startups Business News Education Health Finance Technology Opinion Wealth Rankings Politics Leadership Sport Travels Careers Design Environment Energy Luxury Retail Lifestyle Automotives Photography International Press Release
×

September 22, 2021

The Nigerian Stock Exchange closed the Tuesday trading day September 21st, 2021, in red erasing the previous day's gain. The Market Indices were affected by mixed investors sentiments due to sell-offs and buy-interests as the benchmark All-Share Index (ASI) depreciated by 8 basis points.

The NGX ASI closed at 38,873.85 points, to reflect a dip of 0.08% from the previous trading day. At the close of the market yesterday, Tuesday 21st of September 2021, the stock exchange Equity remained positive with a market value of N20.278 billion while the Bond market capitalization remain unchanged over the last 2 trading days. The Exchange Traded Fund (ETF) Capitalisation was positive growing by o.15%. The Markets  Year-to-Date (YTD) return, however, is currently settled at –3.23%.


MARKET SNAPSHOT  
S/n INDICES Closing Price
1 ALL SHARE INDEX 38,873.85
3 Equity Cap (N'Tn) 20,253,543,219,086.80
4 BOND CAP (N'Tn) 18,277,855,257,593.40
5 ETF CAP (N'Bn) 11,313,196,094.72




TOP GAINERS
S/n Equity Previous Price Closing Price CHG % CHG
1 MRS 13.85 15.2 1.35 9.747
2 VERITASKAP 0.21 0.23 0.02 9.524
3 REGALINS 0.44 0.47 0.03 6.818
4 UNITYBNK 0.53 0.55 0.02 3.774
5 COURTVILLE 0.31 0.32 0.01 3.226



TOP LOSERS
S/n Equity Previous Price Closing Price CHG % CHG
1 NEIMETH 1.9 1.75 -0.15 -7.895
2 CHAMS 0.23 0.22 -0.01 -4.348
3 JAPAULGOLD 0.49 0.47 -0.02 -4.082
4 SOVRENINS 0.25 0.24 -0.01 -4.000
5 WEMABANK 0.57 0.55 -0.02 -3.509



MOST TRADED
S/n Equity Previous Price Closing Price CHG % CHG
1 ZENITHBANK 23.5 22.95 -0.55 -2.34
2 GTCO 27.3 27.1 -0.2 -0.73
3 UBA 7.6 7.65 0.05 0.66
4 ACCESS 9 9.85 0.85 9.44
5 UCAP 9 9 0 0.00





Analyst View
Naira appreciated marginally at the official window from its previous rate of N413.68/$1 to a new  N413.28/$1 as of Tuesday, September 21, 2021 however, the Naira depreciated further at the black market-end of the market to N575/1$ from the previous N574/$1. The Naira will definitely exceed  N600/$1 before the end of the year, Nigerians should explore local alternatives as the cost of foreign inputs is now over the roof. The fallen value of the Naira at the black market rides on hoarding and speculative purchases.

The global crypto market nosedived on Tuesday as investors in the digital assets lost over $96 billion to bearish sentiments in the market, triggered by a downturn recorded in the price of Bitcoin, which slumped by 5.14%.