Daily Financial Markets Report for September 07, 2021

Equities market closes on a Flat note… ASI gains 1 Basis Point

The Nigerian Exchange Limited (NGX) closed Flat. The benchmark All Share Index
(ASI) appreciated by 0.01% to close at 39,251.29. Market Capitalization increased by
774 million to close at N20.45 trillion while the Year-to-Date (YtD) returns settled at
–2.53%.
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: UCAP (8.00%), INTBREW (7.53%), HONYFLOUR (6.67%),
OANDO (6.02%), AFRIPRUD (5.79%), WAPIC (4.00%), JBERGER (3.85%),
STERLNBANK (3.31%), CHAMPION (2.46%), ACCESS (1.08%) and NB (0.10%)
amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) advanced by 0.02% to close at 732.23. Consequently, Market
Capitalization closed at 636.44 billion. Market activity measured by aggregate
volume decreased 26.41% while value decreased by 22.56%. Investors traded a total
of 1,603,508 units of shares valued at N27.67 million in 23 deals.

please find here our Daily Financial Market update for today, September 7, 2021