Daily Financial Markets Report for September 03, 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 39,261.01. Market Capitalization increased by
4.59 Billion to close at N20.455 trillion while the Year-to-Date (YtD) returns settled
at –2.51%.
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: NEIMETH (7.57%), TRANSCORP (5.62%), UPDC (4.68%),
FLOURMILL (3.99%), NAHCO (3.21%), AFRIPRUD (2.46%), UNITYBNK (1.89%),
WAPCO (1.82%), GTCO (1.27%), UBA (0.65%) and ZENITHBANK (0.21%) amongst
others.
NASD Market
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) declined by 0.67% to close at 734.90. Consequently, Market
Capitalization closed at 638.75 billion. Market activity measured by aggregate
volume increased 125.73% while value increased by 56.54%. Investors traded a total
of 2,928,606 units of shares valued at N32.58 million in 27 deals
please find here our Daily Financial Market update for today, September 3, 2021