Daily Financial Markets Report for August 12, 2021

Equities market closes on a Positive note… ASI gains 11 Basis Point

The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.11% to close at 39,490.06. Market Capitalization
increased by 21 Billion to close at N20.57 trillion while the Year-to-Date (YtD)
returns settled at –1.94%.
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. Today’s market
gainers include: HONYFLOUR (10.00%), WEMABANK (3.95%), FLOURMILL (3.10%),
AIICO (2.11%), GTCO (1.07%), UNILEVER (0.70%), DANGCEM (0.67%) and
ZENITHBANK (0.41%).

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) advanced by 0.04% to close at 745.88. Consequently, Market
Capitalization closed at 648.30 billion. Market activity measured by aggregate
volume decreased by 80.10% while value decreased by 76.13%. Investors traded a
total of 361,990 units of shares valued at N8.96 million in 13 deals.

Please find here our Daily Financial Market update for today, August 12, 2021