ASI Rises 0.35% as Bullish Trend Continues.

Trading activities in the Nigerian Equities market closed positive at the end of today, Thursday (8/05/2025), as the NGX-ASI increased to 109,231.96 from 108,849.83 recorded at the close of the previous trading day, indicating a YTD return of +6.13%.

Similarly, the market capitalization increased by ₦240 trillion to ₦68.652 trillion from ₦68.412 trillion recorded at the previous trading day’s close. However the market turnover also decreased to ₦14.347 billion from ₦18.660 billion.

The market breadth was positive at 1.76X, as 37 stocks advanced, 21 stocks declined, and 65 stocks remained unchanged. BETAGLAS topped the gainers’ list with 10.00%, while ABBEYBDS declined by 10.00% to lead the losers’ chart.

FIDELITYBK recorded the highest volume, while GTCO rerecorded the highest value for the day.

Read: NGX Price List for , Thursday, 8th May 2025

2025 Corporate Actions Update

MARKET STATISTICS

CAP (₦)68,652,487,019,271.71One Day (ASI CHG)+0.35%
Index109,231.96One Week (ASI CHG)+3.24%
Volume554,069,040One Month (ASI CHG)+4.65%
Value (₦)14,347,715,732.69Six Months (ASI CHG)+12.47%
Deals16,70452 Weeks (ASI CHG)+11.17%
Gainers37Losers21
Unchanged65Total123
 YTD Returns+6.13% 

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange (%)
ASI+0.35
NGX30+0.39
NGXBNK+1.02
NGXCNSMRGDS-1.34
NGXINDUSTR+0.98
NGXINS+0.33
NGXLOTUSISLM+0.29
NGXOILGAS+0.07

Top 7 Gainers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
BETAGLAS146.05160.6514.6010.00
INTENEGINS1.511.660.159.93
MAYBAKER9.2010.100.909.78
ACADEMY3.583.930.359.78
UPL4.404.830.439.77
SUNUASSUR4.885.350.479.63
AUSTINLAZ1.882.060.189.57

Top 7 Losers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
ABBEYBDS8.307.47-0.83-10.00
LIVESTOCK8.707.85-0.85-9.77
LEGENDINT10.009.15-0.85-8.50
DEAPCAP1.081.01-0.07-6.48
VFDGROUP17.0016.00-1.00-5.88
TANTALIZER2.442.30-0.14-5.74
NB52.9049.90-3.00-5.67

Top 7 Traded Stocks by Volume

SecurityClose Price (₦)Number of TradesDaily Volume
FIDELITYBK20.25 42869,758,347
ACCESSCORP21.80 83065,761,194
TANTALIZER2.30 8055,059,663
GTCO68.00 583 45,971,643
FIRSTHOLDCO25.55 406 22,709,562
ZENITHBANK49.00 835 19,987,838
CUSTODIAN17.95 54 19,316,564

Top 7 Traded Stocks by Value

SecurityClose Price (₦)Number of TradesDaily Value (₦)
GTCO68.00 5833,104,105,118.15
ACCESSCORP21.80 8301,436,901,956.65
FIDELITYBK20.25 4281,406,936,122.65
ZENITHBANK49.00 835 979,296,260.55
DANGCEM440.00 473763,910,953.80
MTNN284.90 689695,262,292.80
UBA34.50 693 649,951,238.60

OUTLOOK

The market posts a notable gain at the end of today’s trading session, driven by robust performance across all sectors, excluding consumer goods, setting the stage for a positive close to the week. This reflects investor confidence and optimism about future growth prospects.

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