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Equities market closes on a Positive note… ASI gains 83 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 0.83% to close at 38,212.01. Similarly, Market Capitalization increased by 163
billion to close at N19.92 trillion while the Year-to-Date (YtD) returns settled at –
5.11%.
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: while NASCON (9.76%), BERGER (9.52%), DANGCEM
(4.03%), VITAFOAM (1.59%), SEPLAT (1.45%), UBA (1.38%), ACCESS (1.18%), UCAP
(0.97%), AFRIPRUD (0.83%), CADBURY (0.59%), FIDELITYBK (0.43%), ZENITHBANK
(0.42%) and NAHCO (0.42%) 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 753.73. Consequently, Market
Capitalization closed at N535.76 billion. Market activity measured by aggregate
volume increased by 30,401.64% while value increased by 723.64%. Investors
traded a total of 1,000,279,020 units of shares valued at N706 million in 18 deals

Please find here our Daily Financial Market update for today, July 2, 2021

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

The Nigerian Exchange Limited (NGX) closed flat as bears dominated proceedings in
the market today. The benchmark All Share Index (ASI) depreciated by 0.02% to
close at 37,898.56. Similarly, Market Capitalization decreased by 4.5 billion to close
at N19.75 trillion while the Year-to-Date (YtD) returns settled at -5.89%.
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: while OANDO (-8.51%), MBENEFIT (-6.98%), JAPAULGOLD (-
2.00%), WAPIC (-1.75%), GTCO (-1.34%), DANGSUGAR (-0.80%), UBA (-0.68%),
CADBURY (-0.58%), FLOURMILL (-0.17%) and UCAP (-0.16%) amongst others.

NASD Market
The NASD market closed negative after today’s trading activities as the Unlisted
Securities Index (USI) decreased by 0.15% to close at 753.76. Consequently, Market
Capitalization closed at N535.78 billion. Market activity measured by aggregate
volume decreased by 92.22% while value increased by 45.30%. Investors traded a
total of 3,279,427 units of shares valued at N85 million in 48 deals.

Please find here our Daily Financial Market update for today, July 1, 2021

Equities market closes on a Positive note… ASI gains 71 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 0.71% to close at 37,907.28. Similarly, Market Capitalization increased by 138
billion to close at N19.76 trillion while the Year-to-Date (YtD) returns settled at –
5.87%.
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: while NESTLE (10.00%), OANDO (9.67%), LASACO (9.49%),
BERGER (9.09%), WEMABANK (8.62%), HONYFLOUR (3.09%), VITAFOAM (3.01%),
FLOURMILL (2.75%), UNILEVER (2.32%), ETI (1.01%), UBN (0.90%), FBNH (0.68%),
MTNN (0.61%) and UCAP (0.32%) amongst others.

NASD Market
The NASD market closed flat after today’s trading activities as the Unlisted Securities
Index (USI) increased by 0.01% to close at 754.88. Consequently, Market
Capitalization closed at N536.58 billion. Market activity measured by aggregate
volume increased by 310.08% while value decreased by 68.13%. Investors traded a
total of 42,145,676 units of shares valued at N59 million in 45 deals.

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

Equities market closes on a Negative note… ASI loses 4 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 0.04% to close at 37,658.26. Similarly, Market Capitalization decreased by 8.3
billion to close at N19.62 trillion while the Year-to-Date (YtD) returns settled at –
6.53%.
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: while JAIZBANK (-5.17%), VERITASKAP (-4.00%), PZ (-
3.42%), UNILEVER (-1.89%), FLOURMILLS (-2.52%), SEPLAT (-1.43%),
ETERNA (-1.32%), ETI (-1.00%), UBA (-0.68%) and UACN (-0.51%) 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 754.81. Consequently, Market
Capitalization closed at N536.52 billion. Market activity measured by aggregate
volume increased by 886.94% while value increased by 822.57%. Investors traded a
total of 10,277,395 units of shares valued at N185 million in 31 deals

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

Equities market closes on a Flat note

The Nigerian Exchange Limited (NGX) closed flat. The benchmark All Share Index
(ASI) remained unchanged to close at 37,656.68. Similarly, Market Capitalization
increased by 2.9 billion to close at N19.63 trillion while the Year-to-Date (YtD)
returns settled at -6.49%.
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: IKEJAHOTEL (10.00%), FIDSON (7.91%), FCMB (3.33%),
VITAFOAM (2.81%), UCAP (1.65%), UBA (1.38%), ACCESS (1.19%), WAPCO (1.19%),
and MANSARD (1.12%) 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 754.81. Consequently, Market
Capitalization closed at N536.52 billion. Market activity measured by aggregate
volume decreased by 86.50% while value decreased by 85.32%. Investors traded a
total of 1,041,337 units of shares valued at N20.07 million in 30 deals

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