Aradel leads Market Rally, Investors Gain N394bn.

Trading activities in the Nigerian Equities market closed Positive at the end of today, Wednesday (29/01/2025), as the NGX-ASI increased to 104,597.64 from 103,958.75 recorded at the close of the previous trading day, indicating a YTD return of 1.58%.

Similarly, the market capitalization increased by ₦394 billion to ₦64.550 trillion from ₦64.156 trillion recorded at the previous trading day’s close. The market turnover also increased to ₦14.785 billion from ₦13.636 billion.

The market breadth was negative at 0.69X as 25 stocks advanced and 36 stocks declined, while 59 stocks remained unchanged. ARADEL topped the gainers’ list with 10.00%, while CAVERTON declined by -10.00% to lead the losers’ chart.

UNIVINSURE recorded the highest volume, While ARADEL recorded the highest value for the day.

Read: NGX Price List for Wednesday, 29th January 2025

MARKET STATISTICS

CAPN64,550,393,093,984.75One Day (ASI CHG)0.57%
Index104,597.64One Week (ASI CHG)1.67%
Volume410,626,597One Month (ASI CHG)1.36%
ValueN14,785,247,463.39Six Months (ASI CHG)6.54%
Deals16,00752 Weeks (ASI CHG)3.36%
Gainers25Losers 36
Unchanged59Total120
YTD Returns1.58%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI+0.57
NGX30+0.22
NGXBNK+0.75
NGXCNSMRGDS+0.81
NGXINDUSTR+0.01
NGXINS-1.65
NGXLOTUSISLM+1.54
NGXOILGAS+3.34

Top 7 Gainers

SecurityPrevious CloseClose PriceChange Price%Change
ARADEL540.00594.0054.0010.00
STANBIC65.0071.456.459.92
UPL4.675.120.459.64
DAARCOMM0.770.840.079.09
RTBRISCOE2.762.990.238.33
VITAFOAM24.5026.451.957.96
SUNUASSUR5.405.820.427.78

Top 7 Losers

SecurityPrevious CloseClose PriceChange Price%Change
CAVERTON2.302.07-0.23-10.00
THOMASWY2.041.84-0.20-9.80
VERITASKAP1.431.29-0.14-9.79
CONHALLPLC3.002.73-0.27-9.00
TANTALIZER2.252.05-0.20-8.89
ROYALEX0.990.91-0.08-8.08
LINKASSURE1.551.45-0.10-6.45

Top 7 Traded Stocks By Volume

SecurityClose PriceNumber of TradesDaily Volume
UNIVINSURE0.68          18933,619,063
FIDELITYBK19.50          40131,905,016
FCMB11.45          440 23,128,408
JAPAULGOLD2.12          23720,214,008
VERITASKAP1.29          14617,089,816
ACCESSCORP26.70          59216,198,339
INTBREW5.30           9314,237,072

Top 7 Traded Stocks By Value

SecurityClose PriceNumber of TradesDaily Value
ARADEL594.0011666,265,152,473.80
OANDO74.50771660,389,071.25
GTCO62.35367643,732,988.60
FIDELITYBK19.50401621,756,025.30
UBA37.70572519,091,918.25
ZENITHBANK50.90484450,091,060.45
ACCESSCORP26.70592 433,717,968.85

OUTLOOK

Equities market recovered from previous day’s negative performance to close positive at the end of today’s trading. We anticipate positive performance in the remaining days of the week.

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