Daily Financial Markets Report for July 14, 2021Yahya Abdulrahman
Equities market closes on a Flat note… ASI gains 4 Basis Point
The Nigerian Exchange Limited (NGX) closed Flat. The benchmark All Share Index
(ASI) appreciated by 0.04% to close at 37,872.55. Market Capitalization increased by
7.97 Billion to close at N19.73 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: NCR (9.89%), TOTAL (6.06%), UPDC (3.62%), MBENEFIT
(2.50%), LASACO (2.50%), PZ (1.75%), UACN (1.01%), FBNH (0.69%), MTNN (0.61%)
and UCAP (0.32%) amongst others.
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) decreased by 0.08% to close at 761.44. Consequently, Market
Capitalization closed at N661.82billion. Market activity measured by aggregate
volume increased by 11.33% while value increased by 3.63%. Investors traded a
total of 2,201,601 units of shares valued at N38 million in 24 deals.
Please find here our Daily Financial Market update for today, July 14, 2021