Daily Financial Markets Report for August 6, 2021
Equities market closes on a Flat note… ASI gains 2 Basis Point
The Nigerian Exchange Limited (NGX) closed Flat. The benchmark All Share Index
(ASI) appreciated by 0.02% to close at 38,810.75. Market Capitalization increased by
4 Billion to close at N20.22 trillion while the Year-to-Date (YtD) returns settled at –
3.63%.
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, Industrial and Consumer goods sector. Some of today’s
market gainers include: TRANSCOHOT (9.80%), OANDO (4.13%), ARDOVA (3.33%),
CUTIX (2.73%), TRANSCORP (2.15%), JAIZBANK (1.64%), STERLNBANK (1.31%), ETI
(0.93%) and GUINNESS (0.63%) amongst others.
NASD Market
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) declined by 0.09% to close at 752.81. Consequently, Market
Capitalization closed at 654.32 billion. Market activity measured by aggregate
volume decreased by 73.09% while value increased by 40.01%. Investors traded a
total of 1,545,384 units of shares valued at N25 million in 13 deals
Please find here our Daily Financial Market update for today, August 6, 2021