Daily Financial Markets Report for July 23, 2021

Equities market closes on a Positive note… ASI gains 21 Basis Point

The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.21% to close at 38,667.90. Market Capitalization
increased by 43 Billion to close at N20.15 trillion while the Year-to-Date (YtD)
returns settled at –3.98%.
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: OANDO (9.97%), TOTAL (9.96%), GUINNESS (9.14%), UCAP
(7.30%), CADBURY (4.65%), UACN (3.45%), VITAFOAM (1.91%), DANGSUGAR
(0.86%), UBA (0.65%), WAPCO (0.46%), GTCO (0.34%) and FCMB (0.33%) amongst
others.

NASD Market
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) decreased by 1.55% to close at 754.43. Consequently, Market
Capitalization closed at 655.73 billion. Market activity measured by aggregate
volume increased by 1.13% while value increased by 54.13%. Investors traded a
total of 2,615,896 units of shares valued at N71 million in 31 deals

Please find here our Daily Financial Market update for today, July 23, 2021