December 03, 2021 04:50 PM / Research@proshareng.com / Header Image Credit: EcoGraphics
Nigerian Stock Market closed the month of November 2021 in the green zone as market maintained positive sentiment compared to the previous month of October 2021. The NSEASI inched up by +2.88% as against +4.52% gain recorded in the month of October 2021 while the NASD USI closed northwards with +0.07% gain recorded at the end of the month under review as against +1.49% gain in October 2021.
YTD, the NSEASI ended the month under review in the positive territory with 7.39% gain while the NASD USI closed northwards with +1.57% gain.
The Nigerian Exchange Ltd (NGX) held its inaugural Capital Market Conference with the theme, The Future Ready Capital Market: Innovating for Nigeria's Sustainable Recovery. The Exchange advocated for increased collaboration among key players in the nation's economy towards driving productive investments that would accelerate an elevated and digitized capital market.
A Market Stakeholder summarizes the NGX Capital Market Conference in Ten (10) takeaways while the call for a digitized capital market highlights what the Proshare's yearly online trading ranking report has continually represented.
In this edition of The Nigerian Capital Market Service Report, we continue the updates of our data section with latest figures on Economic indicators & Upcoming Events in the market and economy. This is to ensure that we deliver a comprehensive capital market service report that helps cover and track innovations, developments as well as service issues in the market effectively.
In all, the November 2021 SSS Quality Report is a snapshot and aide memoire of developments in our market - tracking milestones that the investing public should be aware of. Do feel free to share your opinions/observations and feedback with us vide firstname.lastname@example.org
For: Analyst Editorial Board
Executive Director, Research Services
Chart 1: Capital Market Size By Exchanges â€“ November 2021