Daily Financial Markets Report for September 13, 2021

Equities market closes on a Flat note… ASI loses 2 Basis Point

The Nigerian Exchange Limited (NGX) closed Flat. The benchmark All Share Index
(ASI) depreciated by 0.02% to close at 38,915.62. Market Capitalization decreased
by 3.20 Billion to close at N20.28 trillion while the Year-to-Date (YtD) returns settled
at –3.36%.
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: SCOA (-10.00%), UPDC (-6.21%), OANDO (-4.09%), GUINNESS
(-3.23%), FIDSON (-2.56%), WAPCO (-1.79%), AFRIPRUD (-1.56%), FBNH (-0.66%),
CAVERTON (-0.58%) and UACN (-0.48%) amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) advanced by 20.99% to close at 892.77. Consequently, Market
Capitalization closed at 641.40 billion. Market activity measured by aggregate
volume increased 3,382.14% while value increased by 3,183.25%. Investors traded a
total of 8,657,291 units of shares valued at N102 million in 29 deals

please find here our Daily Financial Market update for today, September 13, 2021