Gains in MTNN and 33 Other Stocks Drive Market Up by 1.25%.

Trading activities in the Nigerian Equities market closed positive at the end of today, Thursday (09/01/2025), as the NGX-ASI increased to 105,530.74 from 104,230.73 recorded at the close of the previous trading day, indicating a YTD return of +2.53%.

Similarly, the market capitalization increased by ₦792 billion to ₦64.351 trillion from ₦63.559 trillion recorded at the previous trading day’s close. However, the market turnover decreased to ₦13.069 billion from ₦24.692 billion.

The market breadth was positive at 1.42X as 34 stocks advanced and 24 stocks declined, while 60 stocks remained unchanged. MTNN topped the gainers’ list with 10.00%, while RTBRISCOE declined by -10.00% to lead the losers’ chart.

UNIVINSURE recorded the highest volume, While SEPLAT recorded highest value for the day.

Read: NGX Price List for Thursday, 9th January 2025

MARKET STATISTICS

CAPN64,351,371,386,171.71One Day (ASI CHG)+1.25%
Index105,530.74One Week (ASI CHG)+2.28%
Volume489,525,129One Month (ASI CHG)+7.46%
ValueN13,068,723,544.20Six Months (ASI CHG)+5.74%
Deals13,01052 Weeks (ASI CHG)+27.77%
Gainers34Losers 24
Unchanged60Total118
YTD Returns+2.53%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI+1.25
NGX30+1.42
NGXBNK+1.70
NGXCNSMRGDS+0.46
NGXINDUSTR-0.17
NGXINS-1.38
NGXLOTUSISLM+1.59
NGXOILGAS+0.04

Top 7 Gainers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)%Change
MTNN220.00242.0022.0010.00
HONYFLOUR8.299.110.829.89
UNIVINSURE0.710.780.079.86
TRANSCOHOT116.00127.3511.359.78
IKEJAHOTEL12.3513.501.159.31
NSLTECH0.680.740.068.82
ETI28.0030.402.408.57

Top 7 Losers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)%Change
RTBRISCOE2.602.34-0.26-10.00
SUNUASSUR9.018.11-0.90-9.99
UPDC2.001.81-0.19-9.50
GUINEAINS0.990.91-0.08-8.08
GUINNESS70.2565.00-5.25-7.47
TANTALIZER2.712.54-0.17-6.27
SOVRENINS1.501.42-0.08-5.33

Top 7 Traded Stocks By Volume

SecurityClose Price (₦)Number of TradesVolume
UNIVINSURE0.7841097,239,811
AIICO1.9338254,234,773
SOVRENINS1.426724,990,938
FBNH31.0549016,227,075
GUINEAINS0.9112214,625,636
PRESTIGE1.3511613,451,701
VERITASKAP1.5517112,363,391

Top 7 Traded Stocks By Value

SecurityClose Price (₦)Number of TradesValue (₦)
SEPLAT5,700.00954,556,276,190.00
MTNN242.007981,152,455,088.10
PRESCO528.00248673,648,588.20
TRANSCORP51.00803643,592,888.40
ARADEL598.00268638,813,225.40
FBNH31.05490500,356,523.50
TOTAL630.00141491,578,265.00

OUTLOOK

The Nigerian stock market witnessed a bullish close today as 34 stocks recorded impressive gains, driving the ASI upward by 1.25%. This positive momentum added a significant boost to investor confidence as market capitalization increased, reflecting an overall improved sentiment across various sectors. We anticipate a positive trend in the remaining days of the week.

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