Nigerian Stock Market Opens with ₦658 Billion Loss.

Trading activities in the Nigerian Equities market closed negative at the end of today, Monday (07/04/2025), as the NGX-ASI decreased to 104,216.87 from 105,511.89 recorded at the close of the previous trading day, indicating a YTD return of +1.25%.

The market capitalization decreased by ₦658 billion to ₦65.488 trillion from ₦66.147 trillion recorded at the previous trading day’s close. However, the market turnover increased to ₦11.148 billion from ₦8.109 billion.

The market breadth was negative at 0.18X as 9 stocks advanced and 50 stocks declined, while 61 stocks remained unchanged. VFDGROUP topped the gainers’ list with 10.00%, while OANDO declined by 10.00% to lead the losers’ chart.

FCMB recorded the highest volume and GTCO recorded the highest value for the day.

Read: NGX Price List for Monday, 7th April 2025

MARKET STATISTICS

CAP (₦)65,488,799,978,072.44One Day (ASI CHG)-1.23%
Index104,216.87One Week (ASI CHG)-1.37%
Volume444,106,631One Month (ASI CHG)-2.40%
Value (₦)11,148,339,154.99Six Months (ASI CHG)+7.37%
Deals15,69052 Weeks (ASI CHG)+1.14%
Gainers9Losers50
Unchanged61Total120
 YTD Returns+1.25% 

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange (%) 
ASI-1.23
NGX30-5.48
NGXBNK-4.48
NGXCNSMRGDS-0.79
NGXINDUSTR-0.01
NGXINS-7.56
NGXLOTUSISLM-0.18
NGXOILGAS-0.65

Top 7 Gainers

SecurityPrevious CloseClose PriceChange price%Change
VFDGROUP57.0062.705.7010.00
TOTAL679.70745.0065.309.61
GUINEAINS0.630.690.069.52
INTENEGINS1.501.640.149.33
ABBEYBDS4.735.150.428.88
FTNCOCOA1.601.700.106.25
FCMB9.059.300.252.76

Top 7 Losers

SecurityPrevious CloseClose PriceChange price%Change
OANDO42.0037.80-4.20-10.00
RTBRISCOE2.402.16-0.24-10.00
CORNERST3.302.97-0.33-10.00
NSLTECH0.500.45-0.05-10.00
HONYFLOUR11.3210.19-1.13-9.98
CONHALLPLC3.122.81-0.31-9.94
SUNUASSUR5.765.19-0.57-9.90

Top 7 Traded Stocks by Volume

SecurityClose PriceNumber of TradesDaily Volume
FCMB9.30       47865,499,646
FIDELITYBK18.05       69742,532,861
GTCO65.50       1,07534,482,400
ACCESSCORP20.55       1,00431,828,692
ZENITHBANK45.50       1,12031,672,384
MBENEFIT0.88        7620,193,757
AIICO1.40        21220,058,388

Top 7 Traded Stocks by Value

SecurityClose PriceNumber of TradesDaily Value
GTCO65.50     1,0752,333,698,860.80
ZENITHBANK45.50      1,1201,471,194,691.55
ARADEL497.00      509944,633,522.10
FIDELITYBK18.05       697818,382,063.30
UBA34.05       951709,543,209.95
ACCESSCORP20.55       1,004687,212,035.55
FCMB9.30        478588,995,750.65

OUTLOOK

The Nigerian stock market’s downturn continued today, with only 9 stocks managing to gain value amidst a sea of losses. The market’s overall performance was dismal, with all sectors experiencing a decline. The total market capitalization took a significant hit, wiping out gains made in recent weeks. The loss is a stark reminder of the market’s volatility and the challenges facing investors in the current economic climate.

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