Trading activities in the Nigerian Equities market closed positive at the end of today, Friday (2/05/2025), as the NGX-ASI increased to 106,042.57 from 105,800.85 recorded at the close of the previous trading day, indicating a YTD return of +3.03%.
The market performance for the week increased by 0.27%, with the NGX All-Share Index (ASI) increasing to 106,042.57 from 105,752.61 recorded at the start of the trading week.
Similarly, the market capitalization increased by ₦152 billion to ₦66.648 trillion from ₦66.496 trillion recorded at the previous trading day’s close. Also, the market turnover increased to ₦15.254 billion from ₦12.755 billion.
The market breadth was negative at 0.72X, as 28 stocks advanced, 39 stocks declined, and 56 stocks remained unchanged. NAHCO topped the gainers’ list with 10.00%, while DAARCOMM declined by 10.00% to lead the losers’ chart.
ACCESSCORP recorded the highest volume while GTCO recorded the highest value for the day.
Read: NGX Price List for Friday, 2nd May 2025
Corporate Actions Update: https://research.gti.com.ng/list-of-dividend-declared-so-far-in-2025-2/
MARKET STATISTICS
| CAP (₦) | 66,647,964,457,373.03 | One Day (ASI CHG) | +0.23% |
| Index | 106,042.57 | One Week (ASI CHG) | +0.27% |
| Volume | 573,333,690 | One Month (ASI CHG) | +0.50% |
| Value (₦) | 15,254,429,915.59 | Six Months (ASI CHG) | +8.18% |
| Deals | 18,554 | 52 Weeks (ASI CHG) | +6.48% |
| Gainers | 28 | Losers | 39 |
| Unchanged | 56 | Total | 123 |
| YTD Returns | +3.03% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change (%) |
| ASI | +0.23 |
| NGX30 | +0.34 |
| NGXBNK | -1.49 |
| NGXCNSMRGDS | +2.03 |
| NGXINDUSTR | +0.08 |
| NGXINS | -3.50 |
| NGXLOTUSISLM | +0.97 |
| NGXOILGAS | -0.17 |
Top 7 Gainers
| Security | Previous Close (₦) | Close Price (₦) | Change Price (₦) | Change (%) |
| NAHCO | 75.00 | 82.50 | 7.50 | 10.00 |
| CADBURY | 29.00 | 31.90 | 2.90 | 10.00 |
| BETAGLAS | 99.85 | 109.80 | 9.95 | 9.96 |
| CAVERTON | 2.42 | 2.66 | 0.24 | 9.92 |
| UPL | 3.74 | 4.11 | 0.37 | 9.89 |
| BERGER | 17.85 | 19.60 | 1.75 | 9.80 |
| ABCTRANS | 2.06 | 2.26 | 0.20 | 9.71 |
Top 7 Losers
| Security | Previous Close (₦) | Close Price (₦) | Change Price (₦) | Change (%) |
| DAARCOMM | 0.60 | 0.54 | -0.06 | -10.00 |
| VITAFOAM | 52.80 | 47.55 | -5.25 | -9.94 |
| MULTIVERSE | 7.05 | 6.35 | -0.70 | -9.93 |
| ETERNA | 49.95 | 45.00 | -4.95 | -9.91 |
| ETI | 28.80 | 26.00 | -2.80 | -9.72 |
| CONHALLPLC | 3.19 | 2.89 | -0.30 | -9.40 |
| LINKASSURE | 1.34 | 1.22 | -0.12 | -8.96 |
Top 7 Traded Stocks by Volume
| Security | Close Price (₦) | Number of Trades | Volume |
| ACCESSCORP | 21.90 | 1,111 | 52,815,880 |
| CHAMS | 2.06 | 302 | 51,563,158 |
| UBA | 34.80 | 844 | 35,984,978 |
| FCMB | 9.55 | 427 | 34,523,569 |
| GTCO | 64.00 | 1,166 | 31,867,991 |
| FIDELITYBK | 20.35 | 624 | 26,146,325 |
| NSLTECH | 0.54 | 424 | 25,268,938 |
Top 7 Traded Stocks by Value
| Security | Close Price (₦) | Number of Trades | Value (₦) |
| GTCO | 64.00 | 1,166 | 2,052,226,684.20 |
| MTNN | 255.00 | 692 | 1,679,449,041.60 |
| UBA | 34.80 | 844 | 1,256,915,321.35 |
| ZENITHBANK | 47.50 | 1,124 | 1,169,060,246.75 |
| ACCESSCORP | 21.90 | 1,111 | 1,157,477,927.45 |
| PRESCO | 860.00 | 350 | 986,702,560.90 |
| FIDELITYBK | 20.35 | 624 | 536,139,352.90 |
OUTLOOK
Following the Workers’ Day holiday, the Nigerian equities market extended its bullish momentum from the previous week, recording a 0.27% gain in the All-Share Index. Positive investor sentiment saw the market open and close the week strong, with only two of the four trading sessions posting losses. Investors gained ₦183 billion during the week. This momentum is expected to persist as investment interest shifts toward companies posting strong Q1 financial results.
