Trading activities in the Nigerian Equities market closed negative at the end of today, Wednesday (19/03/2025), as the NGX-ASI decreased to 104,915.13 from 105,375.69 recorded at the close of the previous trading day, indicating a YTD return of +1.27%.
Similarly, the market capitalization decreased by ₦289 billion to ₦65.790 trillion from ₦66.078 trillion recorded at the previous trading day’s close. However, the market turnover increased to ₦12.375 billion from ₦8.221 billion.
The market breadth was negative at 0.36X as 13 stocks advanced and 36 stocks declined, while 71 stocks remained unchanged. JBERGER topped the gainers’ list with 8.47%, while LIVESTOCK declined by 10.00% to lead the losers’ chart.
SOVRENINS recorded the highest volume and TRANSPOWER recorded the highest value for the day.
Read: NGX Price List for Wednesday,19th March 2025
MARKET STATISTICS
| CAP (₦) | 65,789,526,419,913.73 | One Day (ASI CHG) | -0.44% |
| Index | 104,915.13 | One Week (ASI CHG) | -1.11% |
| Volume | 1,366,555,194 | One Month (ASI CHG) | -2.80% |
| Value (₦) | N12,374,552,423.86 | Six Months (ASI CHG) | +7.65% |
| Deals | 12,012 | 52 Weeks (ASI CHG) | +0.63% |
| Gainers | 13 | Losers | 36 |
| Unchanged | 72 | Total | 120 |
| YTD Returns | +1.27% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change (%) |
| ASI | -0.44 |
| NGX30 | -0.35 |
| NGXBNK | -1.36 |
| NGXCNSMRGDS | -0.11 |
| NGXINDUSTR | 0.00 |
| NGXINS | -1.84 |
| NGXLOTUSISLM | -0.34 |
| NGXOILGAS | -1.32 |
Top 7 Gainers
| Security | Previous Close (₦) | Close Price (₦) | Change Price (₦) | Change (%) |
| JBERGER | 126.30 | 137.00 | 10.70 | 8.47 |
| OMATEK | 0.65 | 0.69 | 0.04 | 6.15 |
| UPDC | 2.97 | 3.05 | 0.08 | 2.69 |
| WEMABANK | 10.30 | 10.55 | 0.25 | 2.43 |
| UNILEVER | 37.70 | 38.50 | 0.80 | 2.12 |
| NB | 32.00 | 32.50 | 0.50 | 1.56 |
| CHAMS | 2.10 | 2.13 | 0.03 | 1.43 |
Top 7 Losers
| Security | Previous Close (₦) | Close Price (₦) | Change Price (₦) | Change (%) |
| LIVESTOCK | 9.40 | 8.46 | -0.94 | -10.00 |
| ETRANZACT | 5.85 | 5.30 | -0.55 | -9.40 |
| WAPIC | 2.59 | 2.35 | -0.24 | -9.27 |
| MRS | 178.00 | 162.00 | -16.00 | -8.99 |
| MAYBAKER | 8.70 | 8.00 | -0.70 | -8.05 |
| TRANSCORP | 51.00 | 47.00 | -4.00 | -7.84 |
| SOVRENINS | 1.01 | 0.94 | -0.07 | -6.93 |
Top 7 Traded Stocks by Volume
| Security | Close Price (₦) | Number of Trades | Volume |
| SOVRENINS | 0.94 | 77 | 1,009,734,328 |
| FIDELITYBK | 17.00 | 456 | 42,796,085 |
| ACCESSCORP | 22.40 | 780 | 30,614,265 |
| JAIZBANK | 3.34 | 157 | 23,950,842 |
| ZENITHBANK | 47.50 | 670 | 21,630,923 |
| NB | 32.50 | 121 | 16,353,225 |
| UBA | 34.40 | 531 | 14,906,949 |
Top 7 Traded Stocks by Value
| Security | Close Price (₦) | Number of Trades | Value (₦) |
| TRANSPOWER | 364.90 | 134 | 3,423,587,908.50 |
| ZENITHBANK | 47.50 | 670 | 1,024,290,786.40 |
| SOVRENINS | 0.94 | 77 | 989,016,093.19 |
| MTNN | 245.00 | 456 | 843,446,840.10 |
| FIDELITYBK | 17.00 | 456 | 723,151,338.85 |
| GTCO | 60.00 | 410 | 703,313,757.95 |
| ACCESSCORP | 22.40 | 780 | 698,019,950.20 |
OUTLOOK
The persistence of bearish sentiment for three consecutive days highlights growing investor caution and a potential shift in market dynamics. Economic uncertainties, regional market challenges and underwhelming financial results from key sectors could be contributing to this negative trend. This pattern may weigh on trading volumes and push indices lower, potentially creating opportunities for short-sellers or those looking to enter the market at lower price points.
However, investors are advised to diversify their portfolio and focus on the long-term market perspective as we anticipate a rebound in the market trend in the remaining days of the week.
