Bearish Trend Persists as NGX-ASI Dips 0.05%.

Trading activities in the Nigerian Equities market closed negative at the end of today, Thursday (27/03/2025), as the NGX-ASI decreased to 105,426.12 from 105,475.38 recorded at the close of the previous trading day, indicating a YTD return of +2.43%.

Similarly, the market capitalization decreased by ₦31 billion to ₦66.110 trillion from ₦66.141 trillion recorded at the previous trading day’s close. Aso, the market turnover decreased to ₦9.181 billion from ₦342.605 billion.

The market breadth was negative at 0.75X as 21 stocks advanced and 28 stocks declined, while 72 stocks remained unchanged. MBENEFIT topped the gainers’ list with 9.09%, while JOHNHOLT declined by 10.00% to lead the losers’ chart.

ACCESSCORP recorded the highest volume, While ZENITHBANK recorded the highest value for the day.

Read: NGX Price List for Thursday, 27th March 2025

MARKET STATISTICS

CAP (₦)N66,109,950,977,127.31One Day (ASI CHG)-0.05%
Index105,426.12One Week (ASI CHG)+0.54%
Volume423,617,754One Month (ASI CHG)-2.19%
Value (₦)N9,181,096,632.86Six Months (ASI CHG)+6.96%
Deals11,39352 Weeks (ASI CHG)+0.83%
Gainers21Losers28
Unchanged72Total121
 YTD Returns+2.43% 

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange (%) 
ASI-0.05
NGX30-0.01
NGXBNK-0.96
NGXCNSMRGDS-0.20
NGXINDUSTR0.01
NGXINS0.09
NGXLOTUSISLM0.41
NGXOILGAS-0.35

Top 7 Gainers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
MBENEFIT0.880.960.089.09
UNIVINSURE0.550.600.059.09
ROYALEX0.890.970.088.99
LEARNAFRCA3.073.320.258.14
CHAMPION3.804.090.297.63
OMATEK0.670.710.045.97
CUTIX2.372.490.125.06

Top 7 Losers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
JOHNHOLT8.607.74-0.86-10.00
CHAMS2.232.04-0.19-8.52
NSLTECH0.590.54-0.05-8.47
MAYBAKER8.808.10-0.70-7.95
UPDC2.902.70-0.20-6.90
CUSTODIAN20.9019.50-1.40-6.70
FTNCOCOA1.711.62-0.09-5.26

Top 7 Traded Stocks by Volume

SecurityClose Price (₦)Number of TradesVolume
ACCESSCORP22.00770             64,962,292
ZENITHBANK47.801085             41,504,490
FIDELITYBK19.15557             40,703,838
NSLTECH0.5463             38,419,736
TANTALIZER2.95102             31,503,721
UBA36.85759             15,499,732
UNIVINSURE0.6073             13,924,496

Top 7 Traded Stocks by Value

SecurityClose Price (₦)Number of TradesValue (₦)
ZENITHBANK47.801085  1,972,340,734.40
ACCESSCORP22.00770  1,430,689,572.00
MTNN245.00641     985,330,925.50
FIDELITYBK19.15557     773,215,588.75
UBA36.85759     573,490,402.10
GTCO64.25412     449,602,480.65
NB33.60130     333,771,640.25

OUTLOOK

The Nigerian Exchange All-Share Index (NGX-ASI) recently experienced a slight dip at the end of today’s trade, continuing its bearish trend. This trend reflects ongoing profit-taking activities and mixed performances across various sectors. It is projected that the market will bounce back by the end of the week.

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