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Equities market closes on a Positive note …ASI gains 40 Basis Point

The Nigerian Exchange Limited (NGX) closed positive as bulls dominated
proceedings in the market today. The benchmark All Share Index (ASI) appreciated
by 0.40% to close at 37,954.35. Similarly, Market Capitalization increased by 78
billion to close at N19.78 trillion while the Year-to-Date (YtD) returns settled at –
5.75%.
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: MBENEFIT (10.00%), ETERNA (3.92%), OANDO (3.45%),
MANSARD (2.30%), BUACEMENT (2.14%), GTCO (1.58%), FBNH (1.41%),
ZENITHBANK (1.28%), NB (1.10%), NEM (1.05%), FIDELITYBK (0.43%) , STANBIC
(0.38%) and FCMB (0.32%) 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 756.13. Consequently, Market
Capitalization closed at N537.47 billion. Market activity measured by aggregate
volume increased by 159.37% while value increased by 130.40%. Investors traded a
total of 4,082,836 units of shares valued at N78.59 million in 35 deals.

Please find here our Daily Financial Market update for today, June 24, 2021

Equities market closes on a negative note …ASI loses 11 Basis Point

The Nigerian Exchange Limited (NGX) closed negative as bears dominated
proceedings in the market today. The benchmark All Share Index (ASI) depreciated
by 0.11% to close at 37,804.46. Similarly, Market Capitalization decreased by 22
billion to close at N19.70 trillion while the Year-to-Date (YtD) returns settled at –
6.12%.

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: JAPAULGOLD (-9.80%), ACCESS (-2.34%), ETI (-1.94%), FCMB
(-1.90%), AIICO (-1.82%), OANDO (-1.36%), ZENITHBANK (-1.26%), STERLNBANK (-
1.24%), TRANSCORP (-1.11%), FBNH (-0.70%) and UACN (-0.51%) amongst others.

NASD Market
The NASD market closed positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 2.33% to close at 756.13. Consequently, Market
Capitalization closed at N537.47 billion. Market activity measured by aggregate
volume increased by 329.68% while value increased by 313.05%. Investors traded a
total of 1,574,133 units of shares valued at N34.11 million in 34 deals.

Please find here our Daily Financial Market update for today, June 23, 2021

Equities market closes on a negative note …ASI loses 181 Basis Point

The Nigerian Stock Exchange (NSE) closed negative as bears dominated proceedings
in the market today. The benchmark All Share Index (ASI) depreciated by 1.81% to
close at 37,847.07. Similarly, Market Capitalization decreased by 363 billion to close
at N19.72 trillion while the Year-to-Date (YtD) returns settled at -6.02%.

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: AIRTELAFRI (-10.00%), MBENEFIT (-7.32%), PZ (-5.17%),
HONYFLOUR (-2.78%), BUACEMENT (-2.71%), UAC-PROP (-2.41%), NAHCO (-
2.17%), FBNH (-2.05%), TRANSCORP (-1.10%), NASCON (-1.03%), UACN (-1.01%),
STANBIC (-0.88%), ZENITHBANK (-0.42%) and FLOURMILL (-0.33%) amongst
others.

NASD Market
The NASD market closed negative after today’s trading activities as the Unlisted
Securities Index (USI) decreased by 0.93% to close at 738.91. Consequently, Market
Capitalization closed at N525.23 billion. Market activity measured by aggregate
volume decreased by 59.71% while value decreased by 55.35%. Investors traded a
total of 366,354 units of shares valued at N8.26 million in 20 deals.

Please find here our Daily Financial Market update for today, June 22, 2021

Equities market closes on a negative note …ASI loses 27 Basis Point

The Nigerian Stock Exchange (NSE) closed negative as bears dominated proceedings
in the market today. The benchmark All Share Index (ASI) depreciated by 0.27% to
close at 38,545.30. Similarly, Market Capitalization decreased by 54 billion to close
at N20.09 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 losses recorded in large and
mid-cap stocks in Banking, Agriculture and Consumer goods sector. Some of today’s
market losers include: FIDSON (-9.80%), LASACO (-9.33%), MBENEFIT (-8.89%),
WAPIC (-3.51%), JAPAULGOLD (-2.00%), OANDO (-1.68%), AFRIPRUD (-1.56%),
FCMB (-1.25%), TRANSCORP (-1.09%), ETI (-0.96%) and DANGSUGAR (-0.28%)
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 746.12. Consequently, Market
Capitalization also closed at N530.35 billion. Market activity measured by aggregate
volume decreased by 47.05% while value decreased by 44.46%. Investors traded a
total of 909,339 units of shares valued at N18.49 million in 30 deals

Please find here our Daily Financial Market update for today, June 21, 2021