Daily Financial Markets Report for July 30, 2021

Daily Financial Markets Report for July 30, 2021

Equities market closes on a Positive note… ASI gains 16 Basis Point

The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.16% to close at 38,547.08. Market Capitalization
increased by 32 Billion to close at N20.08 trillion while the Year-to-Date (YtD)
returns settled at –4.28%.
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: TRANSCORP (9.68%), HONYFLOUR (5.00%), OANDO
(2.95%), UCAP (2.40%), FIDELITYBK (2.13%), UBN (1.92%), DANGSUGAR (1.65%),
PRESCO (1.43%), BUACEMENT (1.04%), MTNN (0.55%), ACCESS (0.55%), ZENITH
(0.41%) and DANGCEM (0.04%) amongst others.

NASD Market
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) declined by 0.10% to close at 752.50. Consequently, Market
Capitalization closed at 654.05 billion. Market activity measured by aggregate
volume decreased by 60.34% while value decreased by 44.93%. Investors traded a
total of 1,487,100 units of shares valued at N35 million in 27 deal

Please find here our Daily Financial Market update for today, July 30, 2021

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