Daily Financial Markets Report for July 13, 2021

Equities market closes on a Flat note…

The Nigerian Exchange Limited (NGX) closed Flat. The benchmark All Share Index
(ASI) remained unchanged to close at 37,857.24. Market Capitalization decreased by
337 Million to close at N19.72 trillion while the Year-to-Date (YtD) returns settled at
–5.99%
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: NCR (9.64%), LASACO (6.67%), UPDC (6.15%), INTBREW
(6.00%), ETI (1.96%), UACN (1.54%), ACCESS (1.10%), TRANSCORP (1.08%), and
UBA (0.67%) amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 2.25% to close at 761.13. Consequently, Market
Capitalization closed at N541.02 billion. Market activity measured by aggregate
volume increased by 83.34% while value increased by 286.33%. Investors traded a
total of 2,533,744 units of shares valued at N96 million in 39 deals.

Please find here our Daily Financial Market update for today, July 13, 2021