Daily Financial Markets Report for September 14, 2021Yahya Abdulrahman
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 38,920.50. Market Capitalization increased by
2.54 Billion to close at N20.28 trillion while the Year-to-Date (YtD) returns settled at
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: UPDC (9.93%), VITAFOAM (3.88%), LIVESTOCK (2.88%),
HONYFLOUR (1.82%), NAHCO (1.72%), FIDELITYBK (1.67%), UCAP (0.62%),
ZENITHBANK (0.42%) and FLOURMILLS (0.35%) amongst others.
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) decreased by 0.18% to close at 736.64. Consequently, Market
Capitalization closed at 640.27 billion. Market activity measured by aggregate
volume decreased 78.42% while value decreased by 85.27%. Investors traded a total
of 1,867,890 units of shares valued at N15 million in 24 deals.
please find here our Daily Financial Market update for today, September 14, 2021