Bears Persist As Market CAP Declines By ₦266Bn.

Trading activities in the Nigerian Equities market closed negative at the end of today, Tuesday (18/03/2025), as the NGX-ASI decreased to 105,375.69 from 105,799.17 recorded at the close of the previous trading day, indicating a YTD return of +1.72%.

Similarly, the market capitalization decreased by ₦266 billion to ₦66.078 trillion from ₦66.344 trillion recorded at the previous trading day’s close. However, the market turnover increased to ₦8.221 billion from ₦7.049 billion.

The market breadth was positive at 1.27X as 28 stocks advanced and 22 stocks declined, while 72 stocks remained unchanged. NEIMETH topped the gainers’ list with 10.00%, while BUACEMENT declined by 10.00% to lead the losers’ chart.

ACCESSCORP recorded the highest volume and ZENITHBANK recorded the highest value for the day.

Read: NGX Price List for Tuesday,18th March 2025

MARKET STATISTICS

CAP (₦)66,078,329,116,003.61One Day (ASI CHG)-0.40%
Index105,375.69One Week (ASI CHG)-0.74%
Volume349,982,645One Month (ASI CHG)-2.48%
Value (₦)8,221,164,227.73Six Months (ASI CHG)+8.13%
Deals11,23052 Weeks (ASI CHG)+0.79%
Gainers28Losers22
Unchanged72Total122
 YTD Returns+1.72% 

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange (%) 
ASI-0.40
NGX30-0.47
NGXBNK-0.70
NGXCNSMRGDS+0.17
NGXINDUSTR-3.39
NGXINS+1.11
NGXLOTUSISLM+0.10
NGXOILGAS-0.06

Top 7 Gainers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
NEIMETH2.702.970.2710.00
NNFM72.5579.807.259.99
CUSTODIAN19.6021.501.909.69
SUNUASSUR4.635.000.377.99
GUINEAINS0.650.700.057.69
WAPIC2.422.590.177.02
DEAPCAP0.920.980.066.52

Top 7 Losers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
BUACEMENT93.0083.70-9.30-10.00
ELLAHLAKES3.323.16-0.16-4.82
REGALINS0.680.65-0.03-4.41
WEMABANK10.7510.30-0.45-4.19
OMATEK0.670.65-0.02-2.99
NEM13.9013.50-0.40-2.88
CUTIX2.502.43-0.07-2.80

Top 7 Traded Stocks by Volume

SecurityClose Price (₦)Number of TradesVolume
ACCESSCORP23.2066736,756,861
UNIVINSURE0.587330,096,847
FIDELITYBK16.8042328,896,918
JAIZBANK3.3817322,013,973
ZENITHBANK47.7563719,563,009
AIICO1.6016413,562,216
GTCO60.5031813,473,802
UBA35.5040712,658,770

Top 7 Traded Stocks by Value

SecurityClose Price (₦)Number of TradesValue (₦)
ZENITHBANK47.75637929,981,792.50
ACCESSCORP23.20667847,292,154.40
GTCO60.50318815,624,344.35
ARADEL535.00430803,098,733.80
NAHCO64.50205759,321,236.15
MTNN245.00431501,033,111.20
FIDELITYBK16.80423488,837,220.90

OUTLOOK

The Nigerian stock market extended its losing streak from the previous session, with notable declines across major sectors. However, with easing inflation and growing investor appetite for fundamentally strong stocks, a rebound is anticipated soon.

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