Nigerian Stock Market closed the month of October 2021 in the green zone as market witnessed improved sentiment compared to the previous month of September 2021. The NSEASI inched up by +4.52% as against +2.55% gain recorded in the month of September 2021 while the NASD USI closed northwards with +1.49% gain recorded at the end of the month under review as against -1.52% loss in September 2021.

YTD, the NSEASI ended the month under review in the positive territory with 4.39% gain while the NASD USI closed northwards with +1.50% gain.
On market development, regulation and investors protection, the Securities and Exchange Commission has expressed optimism that the Securities Issuers Forum will create a platform for issuers to engage the Commission in order to encourage more listings, improve contribution of issuers to the development of the capital market as key stakeholders, deepen and broaden the market and ultimately contribute to Nigeria’s economic development.