Daily Financial Markets Report for August 25, 2021

Equities market closes on a Flat note… ASI loses 3 Basis Point

The Nigerian Exchange Limited (NGX) closed Flat. The benchmark All Share Index
(ASI) depreciated by 0.03% to close at 39,449.82. Market Capitalization decreased
by 5.66 Billion to close at N20.553 trillion while the Year-to-Date (YtD) returns
settled at –2.04%.
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: ACADEMY (-9.76%), UNITYBNK (-6.67%), SOVRENINS (-
4.35%), DANGSUGAR (-2.78%), NAHCO (-2.71%), OANDO (-1.86%), STERLNBANK (-
1.29%), TRANSCORP (-1.04%), ETI (-0.92%), GTCO (-0.71%), FBNH (-0.67%),
ETRANZACT (-0.49%) and ZENITHBANK (-0.41%) amongst others.

NASD Market
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) declined by 0.81% to close at 730.28. Consequently, Market
Capitalization closed at 634.74 billion. Market activity measured by aggregate
volume decreased 58.52% while value decreased by 57.62%. Investors traded a total
of 2,378,535 units of shares valued at N41.535 million in 22 deals.

Please find here our Daily Financial Market update for today, August 25, 2021