All Share Index Slumps by 2.94% Over The Week.

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₦62,851,083,406,835.60One Day (ASI CHG)+0.17%
Index102,353.68One Week (ASI CHG)-2.94%
Volume327,839,118One Month (ASI CHG)+1.87%
Value₦11,807,849,367.06Six Months (ASI CHG)+2.32%
Deals11,90552 Weeks (ASI CHG)+8.27%
Gainers33Losers 23
Unchanged68Total124
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

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)%Change
LIVESTOCK5.405.940.5410.00
CAVERTON2.002.200.2010.00
SOVRENINS1.001.100.1010.00
NEIMETH3.123.430.319.94
ROYALEX0.810.890.089.88
SCOA2.262.480.229.73
CORNERST3.704.060.369.73

Top 7 Losers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)%Change
ACADEMY3.493.15-0.34-9.74
PZ27.5025.00-2.50-9.09
DAARCOMM0.810.74-0.07-8.64
TRANSCORP49.9046.95-2.95-5.91
DANGSUGAR40.5038.50-2.00-4.94
OMATEK0.900.86-0.04-4.44
CILEASING4.444.30-0.14-3.15

Top 7 Traded Stocks By Volume

SecurityClose Price(₦)Number of TradesVolume
ACCESSCORP24.1562349,134,629
FIDELITYBK17.6028920,396,977
UBA33.9050620,080,228
OANDO71.8063314,810,361
UNIVINSURE0.638213,809,418
AIICO1.7019712,630,965
JAIZBANK3.0014510,238,250

Top 7 Traded Stocks By Value

SecurityClose Price(₦)Number of TradesValue (₦)
ARADEL556.004272,902,887,223.00
BUAFOODS415.001261,965,779,459.50
ACCESSCORP24.156231,183,408,327.75
OANDO71.80633998,077,576.30
UBA33.90506681,012,094.20
SEPLAT5700.0046401,853,420.00
ZENITHBANK46.80352393,828,584.65

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.

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