Daily Financial Markets Report for July 26, 2021

Equities market closes on a Positive note… ASI gains 47 Basis Point

The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.47% to close at 38,849.08. Market Capitalization
increased by 94 Billion to close at N20.24 trillion while the Year-to-Date (YtD)
returns settled at –3.53%.
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 (9.82%), ARDOVA (9.75%), UACN (8.57%), JBERGER
(7.88%), WAPCO (5.29%), ETI (3.92%), PZ (3.45%), FLOURMILLS (3.02%),
AIRTELAFRI (2.33%), ACCESS (2.19%), DANGSUGAR (1.13%), UBA (0.64%) and GTCO
(0.17%) amongst others.

NASD Market
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) decreased by 0.12% to close at 753.52. Consequently, Market
Capitalization closed at 654.93 billion. Market activity measured by aggregate
volume increased by 104.71% while value increased by 31.47%. Investors traded a
total of 5,354,938 units of shares valued at N94 million in 45 deals

Please find here our Daily Financial Market update for today, July 26, 2021