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
MARKET STATISTICS
CAP (₦) | 68,105,170,283,247.48 | One Day (ASI CHG) | +0.45% |
Index | 108,849.83 | One Week (ASI CHG) | +2.88% |
Volume | 587,472,362 | One Month (ASI CHG) | +4.45% |
Value (₦) | 18,659,518,148.30 | Six Months (ASI CHG) | +12.32% |
Deals | 17,496 | 52 Weeks (ASI CHG) | +10.82% |
Gainers | 49 | Losers | 15 |
Unchanged | 60 | Total | 124 |
YTD Returns | +5.76% |
Source: Ngxgroup.com, GTI Research
Sector Performance
Top 7 Gainers
Security | Previous Close (₦) | Close Price (₦) | Change Price (₦) | Change (%) |
MEYER | 8.00 | 8.80 | 0.80 | 10.00 |
UPDCREIT | 6.00 | 6.60 | 0.60 | 10.00 |
BETAGLAS | 132.80 | 146.05 | 13.25 | 9.98 |
TIP | 5.53 | 6.08 | 0.55 | 9.95 |
SKYAVN | 50.40 | 55.40 | 5.00 | 9.92 |
CHAMPION | 4.65 | 5.11 | 0.46 | 9.89 |
MULTIVERSE | 7.60 | 8.35 | 0.75 | 9.87 |
Top 7 Losers
Security | Previous Close (₦) | Close Price (₦) | Change Price (₦) | Change (%) |
DEAPCAP | 1.20 | 1.08 | -0.12 | -10.00 |
LINKASSURE | 1.21 | 1.13 | -0.08 | -6.61 |
AFRIPRUD | 16.95 | 16.00 | -0.95 | -5.60 |
UPDC | 3.14 | 3.00 | -0.14 | -4.46 |
CHAMS | 2.16 | 2.10 | -0.06 | -2.78 |
STERLINGNG | 5.65 | 5.50 | -0.15 | -2.65 |
OKOMUOIL | 568.00 | 555.00 | -13.00 | -2.29 |
Top 7 Traded Stocks by Volume
Security | Close Price (₦) | Number of Trades | Volume |
GTCO | 67.50 | 692 | 98,641,835 |
TANTALIZER | 2.44 | 107 | 75,480,492 |
FIDELITYBK | 20.30 | 468 | 40,468,138 |
ZENITHBANK | 49.00 | 903 | 38,471,894 |
NB | 52.90 | 523 | 30,513,452 |
UBA | 34.50 | 746 | 21,656,107 |
ACCESSCORP | 21.55 | 924 | 21,195,269 |
Top 7 Traded Stocks by Value
Security | Close Price (₦) | Number of Trades | Value (₦) |
GTCO | 67.50 | 692 | 6,568,673,447.95 |
ZENITHBANK | 49.00 | 903 | 1,872,348,632.65 |
NB | 52.90 | 523 | 1,638,052,210.90 |
FIDELITYBK | 20.30 | 468 | 816,039,763.55 |
MTNN | 284.90 | 848 | 809,750,135.20 |
UBA | 34.50 | 746 | 746,387,267.40 |
WAPCO | 82.95 | 286 | 584,787,752.70 |
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.