All Research

Equities market closes on a Positive note… ASI gains 16 Basis Point

The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.16% to close at 38,547.08. Market Capitalization
increased by 32 Billion to close at N20.08 trillion while the Year-to-Date (YtD)
returns settled at –4.28%.
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, Agriculture and Consumer goods sector. Some of today’s
market gainers include: TRANSCORP (9.68%), HONYFLOUR (5.00%), OANDO
(2.95%), UCAP (2.40%), FIDELITYBK (2.13%), UBN (1.92%), DANGSUGAR (1.65%),
PRESCO (1.43%), BUACEMENT (1.04%), MTNN (0.55%), ACCESS (0.55%), ZENITH
(0.41%) and DANGCEM (0.04%) amongst others.

NASD Market
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) declined by 0.10% to close at 752.50. Consequently, Market
Capitalization closed at 654.05 billion. Market activity measured by aggregate
volume decreased by 60.34% while value decreased by 44.93%. Investors traded a
total of 1,487,100 units of shares valued at N35 million in 27 deal

Please find here our Daily Financial Market update for today, July 30, 2021

Equities market closes on a Negative note… ASI loses 79 Basis Point

The Nigerian Exchange Limited (NGX) closed Negative. The benchmark All Share
Index (ASI) depreciated by 0.79% to close at 38,484.82. Market Capitalization
decreased by 159 Billion to close at N20.05 trillion while the Year-to-Date (YtD)
returns settled at –4.43%.
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, Agriculture and Consumer goods sector. Some of today’s
market losers include: OANDO (-9.70%), UACN (-8.93%), UPDC (-5.56%),
BUACEMENT (-5.21%), HONYFLOUR (-4.76%), UBN (-3.70%), NASCON (-3.67%),
FLOURMILLS (-2.44%), GTCO (-1.69%), DANGSUGAR (-1.62%), ACCESS (-1.61%),
UCAP (-1.45%), UBA (-1.30%), FCMB (-0.99%) and FBNH (-0.67%) amongst others.

NASD Market
The NASD market closed Flat after today’s trading activities as the Unlisted
Securities Index (USI) remained unchanged to close at 753.24. Consequently, Market
Capitalization closed at 654.69 billion. Market activity measured by aggregate
volume decreased by 20.58% while value decreased by 41.96%. Investors traded a
total of 3,749,192 units of shares valued at N65 million in 34 deals.

Please find here our Daily Financial Market update for today, July 29, 2021

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

The Nigerian Exchange Limited (NGX) closed Negative. The benchmark All Share
Index (ASI) depreciated by 0.03% to close at 38,791.03. Market Capitalization
V
decreased
by 5.79 Billion to close at N20.21 trillion while the Year-to-Date (YtD)
returns settled at –3.67%.

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, Agriculture and Consumer goods sector. Some of today’s
market losers include: TRIPPLEG (-10.00%), ETERNA (-6.58%), FIDELITYBK (-3.60%),
CHAMPION (-2.17%), FCMB (-1.95%), ZENITHBANK (-1.61%), VITAFOAM (-1.57%),
UBA (-1.28%), ACCESS (-1.06%), TRANSCORP (-1.06%), AIICO (-0.93%), UCAP (-
0.72%) and FBNH (-0.67%) amongst others.

NASD Market

The NASD market closed Negative after today’s trading activities as the Unlisted Securities Index (USI) decreased by 0.08% to close at 754.21. Consequently, Market Capitalization closed at 655.54 billion. Market activity measured by aggregate volume decreased by 98.37% while value decreased by 73.08%. Investors traded a total of 4,720,674 units of shares valued at N112 million in 32 deals.

Please find here our Daily Financial Market update for today, July 28, 2021

Equities market closes on a Negative note… ASI loses 12 Basis Point

The Nigerian Exchange Limited (NGX) closed Negative. The benchmark All Share
Index (ASI) depreciated by 0.12% to close at 38,802.15. Market Capitalization
decreased by 24 Billion to close at N20.21 trillion while the Year-to-Date (YtD)
returns settled at –3.65%.
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, Agriculture and Consumer goods sector. Some of today’s
market losers include: UPDCREIT (-6.67%), UNITYBNK (-6.45%), UPDC (-5.19%),
CHAMS (-4.76%), AFRIPRUD (-3.10%), WEMABANK (-2.27%), INTBREW (-1.92%),
UCAP (-1.28%), MTNN (-1.15%), UNILEVER (-1.05%), ETI (-0.94%), UACN (-0.88%),
UBA (-0.64%) and GTCO (-0.34%) amongst others

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.18% to close at 754.85. Consequently, Market
Capitalization closed at 656.09 billion. Market activity measured by aggregate
volume increased by 5,321.43% while value increased by 341.92%. Investors traded
a total of 290,314,273 units of shares valued at N416 million in 36 deals.

Please find here our Daily Financial Market update for today, July 27, 2021

Equities market closes on a Positive note… ASI gains 47 Basis Point

The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.47% to close at 38,849.08. Market Capitalization
increased by 94 Billion to close at N20.24 trillion while the Year-to-Date (YtD)
returns settled at –3.53%.
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, Agriculture and Consumer goods sector. Some of today’s
market gainers include: OANDO (9.82%), ARDOVA (9.75%), UACN (8.57%), JBERGER
(7.88%), WAPCO (5.29%), ETI (3.92%), PZ (3.45%), FLOURMILLS (3.02%),
AIRTELAFRI (2.33%), ACCESS (2.19%), DANGSUGAR (1.13%), UBA (0.64%) and GTCO
(0.17%) amongst others.

NASD Market
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) decreased by 0.12% to close at 753.52. Consequently, Market
Capitalization closed at 654.93 billion. Market activity measured by aggregate
volume increased by 104.71% while value increased by 31.47%. Investors traded a
total of 5,354,938 units of shares valued at N94 million in 45 deals

Please find here our Daily Financial Market update for today, July 26, 2021