News

Equities market closes on a Negative note… ASI loses 15 Basis Point

The Nigerian Exchange Limited (NGX) closed Negative. The benchmark All Share
Index (ASI) depreciated by 0.15% to close at 38,911.31. Market Capitalization
decreased by 29.71 Billion to close at N20.27 trillion while the Year-to-Date (YtD)
returns settled at –3.38%.
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: ETERNA (-9.44%), HONYFLOUR (-3.93%), UBN (-3.00%),
WAPCO (-2.22%), OANDO (-1.52%), FBNH (-1.32%), PZ (-0.85%), MAYBAKER (-
0.67%), UBA (-0.65%), DANGSUGAR (-0.58%) and GTCO (-0.55%) amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) increased by 0.04% to close at 735.82. Consequently, Market
Capitalization closed at 639.55 billion. Market activity measured by aggregate
volume decreased 24.66% while value decreased by 11.70%. Investors traded a total
of 2,956,213 units of shares valued at N34.56 million in 34 deals.

please find here our Daily Financial Market update for today, September 16, 2021

Equities market closes on a Positive note… ASI gains 12 Basis Point

The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.12% to close at 38,968.34. Market Capitalization
increased by 24.93 Billion to close at N20.30 trillion while the Year-to-Date (YtD)
returns settled at –3.23%.
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 (9.64%), NNFM (9.59%), OANDO (6.21%),
HONYFLOUR (3.83%), TRANSCORP (2.22%), NAHCO (1.69%), MTNN (1.45%), FBNH
(1.33%), GTCO (0.74%), MAYBAKER (0.67%) and UCAP (0.61%) 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 735.55. Consequently, Market
Capitalization closed at 639.32 billion. Market activity measured by aggregate
volume increased 110.07% while value increased by 160.27%. Investors traded a
total of 3,923,888 units of shares valued at N39 million in 43 deals.

please find here our Daily Financial Market update for today, September 15, 2021

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
–3.35%.
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.

NASD Market
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

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