Bearish Pressure Mounts with Losses in 40 Stocks.

Trading activities in the Nigerian Equities market closed negative at the end of today, Tuesday (14/01/2025), as the NGX-ASI decreased to 103,622.09 from 105,367.25 recorded at the close of the previous trading day, indicating a YTD return of +0.68%.

The market capitalization decreased by ₦1.06 trillion to ₦63.19 trillion from ₦64.25 trillion recorded at the previous trading day’s close. Also, the market turnover increased to ₦12.759 billion from ₦8.126 billion.

The market breadth was negative at 0.58X as 23 stocks advanced and 40 stocks declined, while 57 stocks remained unchanged. NNFM topped the gainers’ list with 10.00%, while HONYFLOUR declined by -10.00% to lead the losers’ chart.

GTCO recorded the highest volume and highest value for the day.

Read: NGX Price List for Tuesday,14th January 2025

MARKET STATISTICS

CAPN63,187,502,113,996.29One Day (ASI CHG)-1.66%
Index103,622.09One Week (ASI CHG)+0.22%
Volume511,157,296One Month (ASI CHG)+4.27%
ValueN12,758,800,194.63Six Months (ASI CHG)+3.96%
Deals13,05252 Weeks (ASI CHG)+17.79%
Gainers23Losers 40
Unchanged57Total120
YTD Returns+0.68%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI-1.66
NGX30-1.88
NGXBNK-0.10
NGXCNSMRGDS-0.27
NGXINDUSTR-4.99
NGXINS-2.80
NGXLOTUSISLM-1.85
NGXOILGAS+0.29

Top 7 Gainers

SecurityPrevious Close(₦)Close Price(₦)Change Price(₦)%Change
NNFM41.0045.104.1010.00
LIVESTOCK5.556.100.559.91
ACADEMY2.933.220.299.90
UPL4.384.810.439.82
NEIMETH2.873.150.289.76
SCOA2.062.260.209.71
NSLTECH0.890.960.077.87

Top 7 Losers

SecurityPrevious Close(₦)Close Price(₦)Change Price(₦)%Change
HONYFLOUR10.609.54-1.06-10.00
DANGCEM478.80431.00-47.80-9.98
JBERGER155.30139.80-15.50-9.98
SOVRENINS1.241.12-0.12-9.68
PRESTIGE1.291.17-0.12-9.30
NGXGROUP29.5027.00-2.50-8.47
TANTALIZER2.502.30-0.20-8.00

Top 7 Traded Stocks By Volume

SecurityClose Price(₦)Number of TradesVolume
GTCO57.9527554,352,056
NB32.0010132,198,172
UNIVINSURE0.7020330,822,284
AIICO1.8433626,586,429
CHAMS2.1121119,944,576
ACCESSCORP24.5550317,320,292
LIVESTOCK6.1037615,322,191

Top 7 Traded Stocks By Value

SecurityClose Price(₦)Number of TradesValue (₦)
GTCO57.952753,152,072,503.55
NB32.001011,029,385,756.05
ZENITHBANK46.75466624,796,527.75
UBA34.05541514,042,309.00
NASCON35.00304469,758,901.90
BETAGLAS60.0019451,923,072.05
ARADEL598.00268444,355,192.10

OUTLOOK

The market extended its losing streak for the third session, with over a trillion naira wiped off in market capitalization. Investors remain cautious, evaluating earnings forecasts and macroeconomic trends, but a rebound is anticipated as sentiment improves.

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