Bullish Trend Persists For The Third Consecutive Day With 0.45%.

Trading activities in the Nigerian Equities market closed positive at the end of today, Wednesday (7/05/2025), as the NGX-ASI increased to 108,849.83 from 108,361.10 recorded at the close of the previous trading day, indicating a YTD return of +5.76%.

Similarly, the market capitalization increased by ₦307 trillion to ₦68.412 trillion from ₦68.105 trillion recorded at the previous trading day’s close. The market turnover also decreased to ₦18.660 billion from ₦13.899 billion.

The market breadth was positive at 3.27X, as 49 stocks advanced, 15 stocks declined, and 60 stocks remained unchanged. MEYER topped the gainers’ list with 10.00%, while DEAPCAP declined by 10.00% to lead the losers’ chart.

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

Read: NGX Price List for , Wednesday, 7th May 2025

2025 Corporate Actions Update

MARKET STATISTICS

CAP (₦)68,105,170,283,247.48One Day (ASI CHG)+0.45%
Index108,849.83One Week (ASI CHG)+2.88%
Volume587,472,362One Month (ASI CHG)+4.45%
Value (₦)18,659,518,148.30Six Months (ASI CHG)+12.32%
Deals17,49652 Weeks (ASI CHG)+10.82%
Gainers49Losers15
Unchanged60Total124
 YTD Returns+5.76% 

Source: Ngxgroup.com, GTI Research

Sector Performance

Top 7 Gainers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
MEYER8.008.800.8010.00
UPDCREIT6.006.600.6010.00
BETAGLAS132.80146.0513.259.98
TIP5.536.080.559.95
SKYAVN50.4055.405.009.92
CHAMPION4.655.110.469.89
MULTIVERSE7.608.350.759.87

Top 7 Losers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
DEAPCAP1.201.08-0.12-10.00
LINKASSURE1.211.13-0.08-6.61
AFRIPRUD16.9516.00-0.95-5.60
UPDC3.143.00-0.14-4.46
CHAMS2.162.10-0.06-2.78
STERLINGNG5.655.50-0.15-2.65
OKOMUOIL568.00555.00-13.00-2.29

Top 7 Traded Stocks by Volume

SecurityClose Price (₦)Number of TradesVolume
GTCO67.5069298,641,835
TANTALIZER2.4410775,480,492
FIDELITYBK20.3046840,468,138
ZENITHBANK49.0090338,471,894
NB52.9052330,513,452
UBA34.5074621,656,107
ACCESSCORP21.5592421,195,269

Top 7 Traded Stocks by Value

SecurityClose Price (₦)Number of TradesValue (₦)
GTCO67.506926,568,673,447.95
ZENITHBANK49.009031,872,348,632.65
NB52.905231,638,052,210.90
FIDELITYBK20.30468816,039,763.55
MTNN284.90848809,750,135.20
UBA34.50746746,387,267.40
WAPCO82.95286584,787,752.70

OUTLOOK

Strong Bullish Momentum Continues for Third Consecutive Trading Day. As companies continue to release their quarterly financial results, the Nigerian equities market is expected to experience increased investor interest in firms with strong performance. This could potentially sustain the market’s bullish momentum, building on the current positive trend.

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