Fidson Leads Losers as Stock Market Declines.

Trading activities in the Nigerian Equities market closed negative at the end of today, Thursday (27/02/2025), as the NGX-ASI decreased to 107,675.46 from 107,798.99 recorded at the close of the previous trading day, indicating a YTD return of +4.61%.

Similarly, the market capitalization decreased by ₦76.98 billion to ₦67.102 trillion from ₦67.179 trillion recorded at the previous trading day’s close. However, the market turnover increased to ₦9.565 billion from ₦8.415 billion.

The market breadth was positive at 1.17X as 27 stocks advanced and 23 stocks declined, while 70 stocks remained unchanged. OANDO topped the gainers’ list with 10.00%, while FIDSON declined by 9.60% to lead the losers’ chart.

FCMB recorded the highest volume, while ZENITHBANK recorded the highest value for the day.

Read: NGX Price List for Thursday, 27th February 2025

MARKET STATISTICS

CAP (₦)N67,102,113,751,940.34One Day (ASI CHG)-0.11%
Index107,675.46One Week (ASI CHG)-0.82%
Volume423,420,772One Month (ASI CHG)+3.58%
Value (₦)N9,565,130,211.79Six Months (ASI CHG)+11.57%
Deals11,11252 Weeks (ASI CHG)+7.60%
Gainers27Losers23
Unchanged70Total120
 YTD Returns+4.61% 

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange (%) 
ASI-0.11
NGX30-0.16
NGXBNK-0.75
NGXCNSMRGDS-0.17
NGXINDUSTR-0.43
NGXINS-0.92
NGXLOTUSISLM-0.05
NGXOILGAS0.88

Top 7 Gainers

SecurityPrevious Close(₦)Close Price(₦)Change Price(₦)%Change
OANDO48.0052.804.8010.00
PZ29.5032.452.9510.00
HONYFLOUR11.8513.031.189.96
CAVERTON2.452.690.249.80
LIVESTOCK6.316.900.599.35
NASCON42.0045.003.007.14
ABCTRANS1.331.420.096.77

Top 7 Losers

SecurityPrevious Close(₦)Close Price(₦)Change Price(₦)%Change
FIDSON19.8017.90-1.90-9.60
ETI34.7031.40-3.30-9.51
GUINEAINS0.720.66-0.06-8.33
PRESTIGE1.201.11-0.09-7.50
SUNUASSUR5.905.52-0.38-6.44
LASACO3.092.90-0.19-6.15
DEAPCAP0.970.92-0.05-5.15

Top 7 Traded Stocks By Volume

SecurityClose Price(₦)Number of TradesDaily Volume
FCMB10.50197102,270,103
ZENITHBANK48.0064133,339,981
ACCESSCORP25.7053831,212,307
JAIZBANK3.3816424,403,359
CAVERTON2.6921020,915,331
AIICO1.6123616,670,065
WAPCO75.0035711,296,385

Top 7 Traded Stocks By Value

SecurityClose PriceNumber of TradesDaily Value
ZENITHBANK48.006411,599,878,704.55
FCMB10.501971,063,942,884.35
WAPCO75.00357831,591,748.50
ACCESSCORP25.70538801,881,356.35
OKOMUOIL540.1088593,780,241.60
GTCO61.00294576,379,348.50
TRANSPOWER364.90127441,729,990.40

OUTLOOK

The Nigerian stock market ended the day in the red. The decline was a broad-based one, with all sectors except for the Oil and Gas sector contributing to the downturn. The market’s weakness was evident across various sectors, with investors selling off shares, leading to a decline in the overall market indices. we are optimistic that the market will recover by week’s end.

WhatsApp
Facebook
LinkedIn
X