Daily Financial Markets Report for July 6, 2021

Daily Financial Markets Report for July 6, 2021

Equities market closes on a Positive note… ASI gains 52 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 0.52% to close at 38,418.04. Similarly, Market Capitalization increased by 103
billion to close at N20.02 trillion while the Year-to-Date (YtD) returns settled at –
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 MAYBAKER (9.65%), TOTAL (9.24%), SEPLAT (7.14%),
BERGER (7.07%), UBA (5.37%), ACCESS (5.14%), ETI (4.00%), ZENITHBANK (2.90%),
AFRIPRUD (1.61%), WAPCO (1.43%), FBNH (1.35%), VITAFOAM (1.25%),
FLOURMILL (1.19%), AIICO (0.96%) and FIDELITYBK (0.43%) amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.14% to close at 755.29. Consequently, Market
Capitalization closed at N536.87 billion. Market activity measured by aggregate
volume increased by 493.58% while value increased by 471.29%. Investors traded a
total of 9,024,437 units of shares valued at N219 million in 59 deals

Please find here our Daily Financial Market update for today, July 6, 2021

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