Daily Financial Markets Report for July 22, 2021
Equities market closes on a Positive note… ASI gains 167 Basis Point
The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 1.67% to close at 38,585.52. Market Capitalization
increased by 329 Billion to close at N20.10 trillion while the Year-to-Date (YtD)
returns settled at –4.18%.
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: TOTAL (10.00%), OANDO (9.73%), DANGCEM (7.83%),
FBNH (3.45%), AFRIPRUD (3.17%), VITAFOAM (2.28%), UCAP (1.93%), UACN
(1.50%), JBERGER (1.25%), ZENITHBANK (0.82%), UNILEVER (0.77%), DANGSUGAR
(0.29%) and GTCO (0.17%) amongst others.
NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 2.06% to close at 766.31. Consequently, Market
Capitalization closed at 666.06 billion. Market activity measured by aggregate
volume decreased by 28.54% while value decreased by 25.69%. Investors traded a
total of 2,586,710 units of shares valued at N46 million in 26 deals.
Please find here our Daily Financial Market update for today, July 22, 2021
