News

Equities market closes on a Negative note… ASI loses 47 Basis Point

The Nigerian Exchange Limited (NGX) closed Negative. The benchmark All Share
Index (ASI) depreciated by 0.47% to close at 39,483.08. Market Capitalization
decreased by 97.54 Billion to close at N20.57 trillion while the Year-to-Date (YtD)
returns settled at –1.96%.
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: FTNCOCOA (-6.98%), UPL (-6.20%), CADBURY (-5.03%),
INTBREW (-4.00%), SOVRENINS (-3.85%), JAIZBANK (-3.33%), WAPCO (-1.30%),
OANDO (-1.21%), ACCESS (-1.10%), CAVERTON (-1.10%), TRANSCORP (-1.02%) and
UBA (-0.66%) amongst others.

NASD Market
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) declined by 0.11 % to close at 736.07. Consequently, Market
Capitalization closed at 639.77 billion. Market activity measured by aggregate
volume increased by 56.67% while value increased by 166.26%. Investors traded a
total of 1,851,170 units of shares valued at N31.72 million in 26 deals.

Please find here our Daily Financial Market update for today, August 20, 2021

Equities market closes on a Positive note… ASI gains 32 Basis Point

The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.32% to close at 39,670.29. Market Capitalization
increased by 64.93 Billion to close at N20.668 trillion while the Year-to-Date (YtD)
returns settled at –1.49%.
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, Industrial and Consumer goods sector. Some of today’s
market gainers include: NAHCO (10.00%), NEIMETH (10.00%), HONYFLOUR (9.96%),
BOCGAS (9.90%), WAPCO (3.84%), AIICO (3.16%), MTNN (2.56%), TRANSCORP
(2.08%), WAPIC (2.08%), WEMABANK (1.16%), ACCESS (1.11%), FBNH (0.68%) and ZENITHBANK (0.21%) amongst others.

NASD Market
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) declined by 0.11 % to close at 736.89. Consequently, Market
Capitalization closed at 640.48 billion. Market activity measured by aggregate
volume decreased by 79.22% while value increased by 88.09%. Investors traded a
total of 1,181,550 units of shares valued at N11.9 million in 13 deals.

Please find here our Daily Financial Market update for today, August 19, 2021

Equities market closes on a Flat note… ASI loses 1 Basis Point

The Nigerian Exchange Limited (NGX) closed Flat. The benchmark All Share Index
(ASI) depreciated by 0.01% to close at 39,545.67. Market Capitalization decreased
by 2.4 Billion to close at N20.60 trillion while the Year-to-Date (YtD) returns settled
at –1.80%.
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 (-9.66%), CAVERTON (-5.49%), WAPIC (-4.00%),
ACCESS (-1.04%), AIICO (-1.04%), ETI (-0.90%), GTCO (-0.88%), FBNH (-0.68%),
LIVESTOCK (-0.50%) and UCAP (-0.43%) amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) advanced by 0.04 % to close at 737.72. Consequently, Market
Capitalization closed at 641.20 billion. Market activity measured by aggregate
volume increased by 1174.68% while value increased by 587.89%. Investors traded a
total of 5,686,894 units of shares valued at N99.98 million in 28 deals.

Please find here our Daily Financial Market update for today, August 18, 2021

Equities market closes on a Positive note… ASI gains 11 Basis Point

The Nigerian Exchange Limited (NGX) closed Positive. The benchmark All Share
Index (ASI) appreciated by 0.11% to close at 39,550.36. Market Capitalization
increased by 23 Billion to close at N20.61 trillion while the Year-to-Date (YtD)
returns settled at –1.79%.
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: HONYFLOUR (9.78%), WEMABANK (3.70%), DANGCEM
(3.31%), UPDC (3.25%), UACN (1.95%), FIDELITYBK (1.68%), STERLNBANK (1.32%),
TRANSCORP (1.06%), AIICO (1.05%), NAHCO (0.75%), FBNH (0.68%) and LIVESTOCK
(0.51%) amongst others.

NASD Market
The NASD market closed Negative after today’s trading activities as the Unlisted
Securities Index (USI) declined by 1.10% to close at 737.43. Consequently, Market
Capitalization closed at 640.96 billion. Market activity measured by aggregate
volume decreased by 76.02% while value decreased by 66.65%. Investors traded a
total of 446,143 of shares valued at N14.53 million in 12 deals.

Please find here our Daily Financial Market update for today, August 17, 2021

Equities market closes on a Flat note… ASI loses 4 Basis Point

The Nigerian Exchange Limited (NGX) closed Flat. The benchmark All Share Index
(ASI) depreciated by 0.04% to close at 39,505.40. Market Capitalization decreased
by 8.82 Billion to close at N20.58 trillion while the Year-to-Date (YtD) returns settled
at –1.90%.
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: ABCTRANS (-8.33%), FIDELITYBK (-4.80%), CHIPLC (-3.92%),
WAPCO (-1.35%), STERLNBANK (-1.31%), TRANSCORP (-1.05%), UBA (-0.66%),
ZENITHBANK (-0.61%) and CADBURY (-0.56%) amongst others.

NASD Market
The NASD market closed Positive after today’s trading activities as the Unlisted
Securities Index (USI) advanced by 0.04% to close at 745.66. Consequently, Market
Capitalization closed at 648.11 billion. Market activity measured by aggregate
volume increased by 641.09% while value increased by 913.55%. Investors traded a
total of 1,860,688 units of shares valued at N43.578 million in 16 deals.

Please find here our Daily Financial Market update for today, August 16, 2021