Daily Financial Markets Report for June 30, 2021

Equities market closes on a Positive note… ASI gains 71 Basis Point

The Nigerian Exchange Limited (NGX) closed positive as bulls dominated
proceedings in the market today. The benchmark All Share Index (ASI) appreciated
by 0.71% to close at 37,907.28. Similarly, Market Capitalization increased by 138
billion to close at N19.76 trillion while the Year-to-Date (YtD) returns settled at –
5.87%.
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, Agriculture and Consumer goods sector. Some of today’s
market gainers include: while NESTLE (10.00%), OANDO (9.67%), LASACO (9.49%),
BERGER (9.09%), WEMABANK (8.62%), HONYFLOUR (3.09%), VITAFOAM (3.01%),
FLOURMILL (2.75%), UNILEVER (2.32%), ETI (1.01%), UBN (0.90%), FBNH (0.68%),
MTNN (0.61%) and UCAP (0.32%) amongst others.

NASD Market
The NASD market closed flat after today’s trading activities as the Unlisted Securities
Index (USI) increased by 0.01% to close at 754.88. Consequently, Market
Capitalization closed at N536.58 billion. Market activity measured by aggregate
volume increased by 310.08% while value decreased by 68.13%. Investors traded a
total of 42,145,676 units of shares valued at N59 million in 45 deals.

Please find here our Daily Financial Market update for today, June 30, 2021