Trading activities in the Nigerian Equities market closed positive at the end of today, Friday (17/01/2025), as the NGX-ASI increased to 102,353.68 from 102,183.06 recorded at the close of the previous trading day, indicating a YTD return of -0.56%.
The market performance for the week decreased by 2.94%, with the NGX All-Share Index (ASI) dropping to 102,353.68 from 105,451.06 recorded at the start of the trading week.
The market capitalization increased by ₦541 billion to ₦62.851 trillion from ₦62.310 trillion recorded at the previous trading day’s close. Also, the market turnover decreased to ₦11.808 billion from ₦16.695 billion.
The market breadth was positive at 1.43X as 33 stocks advanced and 23 stocks declined, while 68 stocks remained unchanged. LIVESTOCK topped the gainers’ list with 10.00%, while ACADEMY declined by -9.74% to lead the losers’ chart.
ACCESSCORP recorded the highest volume, While ARADEL recorded highest value for the day.
Read: NGX Price List for Friday,17th January 2025
MARKET STATISTICS
CAP | ₦62,851,083,406,835.60 | One Day (ASI CHG) | +0.17% |
Index | 102,353.68 | One Week (ASI CHG) | -2.94% |
Volume | 327,839,118 | One Month (ASI CHG) | +1.87% |
Value | ₦11,807,849,367.06 | Six Months (ASI CHG) | +2.32% |
Deals | 11,905 | 52 Weeks (ASI CHG) | +8.27% |
Gainers | 33 | Losers | 23 |
Unchanged | 68 | Total | 124 |
YTD Returns | -0.56% |
Source: Ngxgroup.com, GTI Research
Sector Performance
Security | % Change |
ASI | +0.17 |
NGX30 | +0.06 |
NGXBNK | -0.23 |
NGXCNSMRGDS | +0.58 |
NGXINDUSTR | 0.00 |
NGXINS | +4.04 |
NGXLOTUSISLM | -0.03 |
NGXOILGAS | +1.05 |
Top 7 Gainers
Security | Previous Close (₦) | Close Price (₦) | Change Price (₦) | %Change |
LIVESTOCK | 5.40 | 5.94 | 0.54 | 10.00 |
CAVERTON | 2.00 | 2.20 | 0.20 | 10.00 |
SOVRENINS | 1.00 | 1.10 | 0.10 | 10.00 |
NEIMETH | 3.12 | 3.43 | 0.31 | 9.94 |
ROYALEX | 0.81 | 0.89 | 0.08 | 9.88 |
SCOA | 2.26 | 2.48 | 0.22 | 9.73 |
CORNERST | 3.70 | 4.06 | 0.36 | 9.73 |
Top 7 Losers
Security | Previous Close (₦) | Close Price (₦) | Change Price (₦) | %Change |
ACADEMY | 3.49 | 3.15 | -0.34 | -9.74 |
PZ | 27.50 | 25.00 | -2.50 | -9.09 |
DAARCOMM | 0.81 | 0.74 | -0.07 | -8.64 |
TRANSCORP | 49.90 | 46.95 | -2.95 | -5.91 |
DANGSUGAR | 40.50 | 38.50 | -2.00 | -4.94 |
OMATEK | 0.90 | 0.86 | -0.04 | -4.44 |
CILEASING | 4.44 | 4.30 | -0.14 | -3.15 |
Top 7 Traded Stocks By Volume
Security | Close Price(₦) | Number of Trades | Volume |
ACCESSCORP | 24.15 | 623 | 49,134,629 |
FIDELITYBK | 17.60 | 289 | 20,396,977 |
UBA | 33.90 | 506 | 20,080,228 |
OANDO | 71.80 | 633 | 14,810,361 |
UNIVINSURE | 0.63 | 82 | 13,809,418 |
AIICO | 1.70 | 197 | 12,630,965 |
JAIZBANK | 3.00 | 145 | 10,238,250 |
Top 7 Traded Stocks By Value
Security | Close Price(₦) | Number of Trades | Value (₦) |
ARADEL | 556.00 | 427 | 2,902,887,223.00 |
BUAFOODS | 415.00 | 126 | 1,965,779,459.50 |
ACCESSCORP | 24.15 | 623 | 1,183,408,327.75 |
OANDO | 71.80 | 633 | 998,077,576.30 |
UBA | 33.90 | 506 | 681,012,094.20 |
SEPLAT | 5700.00 | 46 | 401,853,420.00 |
ZENITHBANK | 46.80 | 352 | 393,828,584.65 |
OUTLOOK
The market closed the week bearish, with losses recorded in 3 out of 5 trading sessions. Investor sentiment remained cautious amid profit-taking and macroeconomic uncertainties, leading to a 2.94% decline in the All-Share Index. In the wake of a new inflation rate figure quoted in the week, investors are closely monitoring economic indicators for cues on market direction.