Daily Financial Markets Report for August 13, 2021
Equities market closes on a Positive note… ASI gains 8 Basis Point
The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.08% to close at 39,522.34. Market Capitalization
increased by 16 Billion to close at N20.59 trillion while the Year-to-Date (YtD)
returns settled at –1.86%.
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: FTNCOCOA (10.00%), HONYFLOUR (9.63%), UPDC (8.85%),
UNILEVER (7.99%), MANSARD (3.41%), WAPCO (2.29%), TRANSCORP (2.15%),
FIDELITYBK (2.04%), FLOURMILL (1.84%), UBA (1.33%), UCAP (0.58%), ZENITHBANK
(0.41%) and OANDO (0.41%) amongst others.
NASD Market
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) declined by 0.07% to close at 745.36. Consequently, Market
Capitalization closed at 647.85 billion. Market activity measured by aggregate
volume decreased by 30.64% while value decreased by 52.03%. Investors traded a
total of 251,074 units of shares valued at N4.299 million in 12 deals
Please find here our Daily Financial Market update for today, August 13, 2021