Daily Financial Markets Report for August 5, 2021

Daily Financial Markets Report for August 5, 2021

Equities market closes on a Negative note… ASI loses 32 Basis Point

The Nigerian Exchange Limited (NGX) closed Negative. The benchmark All Share
Index (ASI) depreciated by 0.32% to close at 38,801.51. Market Capitalization
decreased by 65 Billion to close at N20.216 trillion while the Year-to-Date (YtD)
returns settled at –3.65%.
What shaped today’s market direction?
Today’s market direction can be largely attributed to losses recorded in large and
mid-cap stocks in Banking, Industrial and Consumer goods sector. Some of today’s
market losers include: ARDOVA (-6.25%), AIICO (-2.06%), WAPIC (-1.92%), MTNN (-
1.75%), UCAP (-1.47%), GTCO (-1.23%), ACCESS (-1.09%), TRANSCORP (-1.06%),
NEM (-0.99%), ZENITHBANK (-0.41%) and OANDO (-0.22%) amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) advanced by 0.05% to close at 753.47. Consequently, Market
Capitalization closed at 654.89 billion. Market activity measured by aggregate
volume decreased by 57.37% while value decreased by 86.40%. Investors traded a
total of 5,742,159 units of shares valued at N18 million in 16 deals.

Please find here our Daily Financial Market update for today, August 5, 2021

Share this post

Scroll Up