Trading activities in the Nigerian Equities market closed negative at the end of today, Wednesday (02/04/2025), as the NGX-ASI decreased to 105,547.16 from 105,641.51 recorded at the close of the previous trading day, indicating a YTD return of +2.52%.
The market capitalization decreased by ₦59 billion to ₦66.185 trillion from ₦66.245 trillion recorded at the previous trading day’s close. Also, the market turnover decreased to ₦11.784 billion from ₦21.325 billion.
The market breadth was negative at 0.78X as 25 stocks advanced and 32 stocks declined, while 65 stocks remained unchanged. UPDCREIT topped the gainers’ list with 10.00%, while UACN declined by 10.00% to lead the losers’ chart.
FIDELITYBK recorded the highest volume and GTCO recorded the highest value for the day.
Read: NGX Price List for Wednesday, 2nd April2025
MARKET STATISTICS
| CAP (₦) | 66,185,852,955,563.64 | One Day (ASI CHG) | -0.11% |
| Index | 105,547.16 | One Week (ASI CHG) | +0.07% |
| Volume | 431,222,166 | One Month (ASI CHG) | -1.78% |
| Value (₦) | 11,784,819,512.84 | Six Months (ASI CHG) | +7.09% |
| Deals | 17,082 | 52 Weeks (ASI CHG) | +1.31% |
| Gainers | 25 | Losers | 32 |
| Unchanged | 65 | Total | 122 |
| YTD Returns | +2.52% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change (%) |
| ASI | -0.11 |
| NGX30 | -0.05 |
| NGXBNK | 0.07 |
| NGXCNSMRGDS | -0.01 |
| NGXINDUSTR | 0.00 |
| NGXINS | -2.61 |
| NGXLOTUSISLM | 0.04 |
| NGXOILGAS | -0.49 |
Top 7 Gainers
| Security | Previous Close | Close Price | Change Price | %Change |
| UPDCREIT | 5.5 | 6.05 | 0.55 | 10.00 |
| AFRIPRUD | 13.05 | 14.35 | 1.3 | 9.96 |
| VFDGROUP | 47.2 | 51.9 | 4.7 | 9.96 |
| UNIONDICON | 4.85 | 5.3 | 0.45 | 9.28 |
| MAYBAKER | 8.1 | 8.6 | 0.5 | 6.17 |
| FIDSON | 18.05 | 19 | 0.95 | 5.26 |
| NAHCO | 66.9 | 69.9 | 3 | 4.48 |
Top 7 Losers
| Security | Previous Close | Close Price | Change Price | %Change |
| UACN | 35.5 | 31.95 | -3.55 | -10.00 |
| UPL | 4.32 | 3.89 | -0.43 | -9.95 |
| SUNUASSUR | 6.65 | 5.99 | -0.66 | -9.92 |
| CONHALLPLC | 3.58 | 3.23 | -0.35 | -9.78 |
| LEARNAFRCA | 3.32 | 3 | -0.32 | -9.64 |
| LINKASSURE | 1.43 | 1.31 | -0.12 | -8.39 |
| LIVESTOCK | 8.7 | 8 | -0.7 | -8.05 |
Top 7 Traded Stocks by Volume
| Security | Close Price | Number of Trades | Daily Volume |
| FIDELITYBK | 19.05 | 716 | 41,725,899 |
| MBENEFIT | 1.07 | 272 | 35,994,310 |
| NB | 34.3 | 148 | 35,614,598 |
| GTCO | 69.6 | 1125 | 33,046,665 |
| ZENITHBANK | 47 | 1195 | 28,635,846 |
| UNIVINSURE | 0.57 | 519 | 26,336,826 |
| UCAP | 15.3 | 643 | 25,532,823 |
Top 7 Traded Stocks by Value
| Security | Close Price | Number of Trades | Daily Value |
| GTCO | 69.6 | 1125 | 2,303,018,910.55 |
| MTNN | 245 | 634 | 1,410,197,258.50 |
| ZENITHBANK | 47 | 1195 | 1,345,217,958.75 |
| NB | 34.3 | 148 | 1,221,424,725.10 |
| ARADEL | 500 | 648 | 954,746,853.40 |
| FIDELITYBK | 19.05 | 716 | 783,259,465.65 |
| UBA | 36.9 | 987 | 724,570,387.20 |
OUTLOOK
Equities market succumbed to profit-taking, ending the session on a negative note. However, we forecast a market upswing in the near term as companies release their dividends and full-year performance reports, attracting investors to those with impressive results.
