Daily Financial Markets Report for August 17, 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 39,550.36. Market Capitalization
increased by 23 Billion to close at N20.61 trillion while the Year-to-Date (YtD)
returns settled at –1.79%.
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: HONYFLOUR (9.78%), WEMABANK (3.70%), DANGCEM
(3.31%), UPDC (3.25%), UACN (1.95%), FIDELITYBK (1.68%), STERLNBANK (1.32%),
TRANSCORP (1.06%), AIICO (1.05%), NAHCO (0.75%), FBNH (0.68%) and LIVESTOCK
(0.51%) amongst others.

NASD Market
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) declined by 1.10% to close at 737.43. Consequently, Market
Capitalization closed at 640.96 billion. Market activity measured by aggregate
volume decreased by 76.02% while value decreased by 66.65%. Investors traded a
total of 446,143 of shares valued at N14.53 million in 12 deals.

Please find here our Daily Financial Market update for today, August 17, 2021