Trading activities in the Nigerian Equities market closed positive at the end of today, Monday (24/03/2025), as the NGX-ASI increased to 105,551.39 from 104,962.96 recorded at the close of the previous trading day, indicating a YTD return of +2.55%.
Similarly, the market capitalization increased by ₦369 billion to ₦66.189 trillion from ₦65.820 trillion recorded at the previous trading day’s close. However, the market turnover decreased to ₦10.470 billion from ₦14.171 billion.
The market breadth was positive at 1.09X as 24 stocks advanced and 22 stocks declined, while 76 stocks remained unchanged. ROYALEX topped the gainers’ list with 10.00%, while NEM declined by 9.63% to lead the losers’ chart.
ZENITHBANK recorded the highest volume and the highest value for the day.
Read: NGX Price List for Monday, 24th March 2025
MARKET STATISTICS
| CAP (₦) | 66,188,503,207,563.53 | One Day (ASI CHG) | +0.56% |
| Index | 105,551.39 | One Week (ASI CHG) | -0.23% |
| Volume | 440,519,513 | One Month (ASI CHG) | -2.78% |
| Value (₦) | N10,470,141,085.72 | Six Months (ASI CHG) | +7.70% |
| Deals | 13,314 | 52 Weeks (ASI CHG) | +1.36% |
| Gainers | 24 | Losers | 22 |
| Unchanged | 76 | Total | 122 |
| YTD Returns | +2.55% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | Change (%) |
| ASI | 0.56 |
| NGX30 | 0.61 |
| NGXBNK | 3.78 |
| NGXCNSMRGDS | 0.07 |
| NGXINDUSTR | -0.01 |
| NGXINS | -1.49 |
| NGXLOTUSISLM | 0.00 |
| NGXOILGAS | 0.39 |
Top 7 Gainers
| Security | Previous Close (₦) | Close Price (₦) | Change Price (₦) | Change (%) |
| ROYALEX | 0.80 | 0.88 | 0.08 | 10.00 |
| LIVESTOCK | 8.41 | 9.24 | 0.83 | 9.87 |
| ABBEYBDS | 3.60 | 3.95 | 0.35 | 9.72 |
| UNIVINSURE | 0.52 | 0.57 | 0.05 | 9.62 |
| SUNUASSUR | 4.99 | 5.45 | 0.46 | 9.22 |
| SCOA | 4.10 | 4.47 | 0.37 | 9.02 |
| MBENEFIT | 0.67 | 0.73 | 0.06 | 8.96 |
Top 7 Losers
| Security | Previous Close (₦) | Close Price (₦) | Change Price (₦) | Change (%) |
| NEM | 13.50 | 12.20 | -1.30 | -9.63 |
| UCAP | 18.30 | 16.60 | -1.70 | -9.29 |
| CWG | 9.00 | 8.40 | -0.60 | -6.67 |
| DAARCOMM | 0.66 | 0.62 | -0.04 | -6.06 |
| AFRIPRUD | 16.20 | 15.30 | -0.90 | -5.56 |
| NSLTECH | 0.58 | 0.55 | -0.03 | -5.17 |
| CUTIX | 2.42 | 2.30 | -0.12 | -4.96 |
Top 7 Traded Stocks by Volume
| Security | Close Price (₦) | Number of Trades | Daily Volume |
| ZENITHBANK | 47.90 | 1011 | 55,062,709 |
| FCMB | 9.50 | 296 | 49,586,537 |
| UBA | 37.80 | 1164 | 47,381,433 |
| ACCESSCORP | 22.50 | 875 | 37,234,441 |
| FIDELITYBK | 18.25 | 419 | 31,298,255 |
| NSLTECH | 0.55 | 87 | 19,558,175 |
| TANTALIZER | 3.08 | 152 | 17,650,354 |
Top 7 Traded Stocks by Value
| Security | Close Price (₦) | Number of Trades | Daily Value (₦) |
| ZENITHBANK | 47.90 | 1011 | 2,605,233,472.20 |
| UBA | 37.80 | 1164 | 1,835,643,918.60 |
| ACCESSCORP | 22.50 | 875 | 834,092,298.75 |
| ARADEL | 522.00 | 461 | 565,275,179.40 |
| FIDELITYBK | 18.25 | 419 | 563,894,565.80 |
| PRESCO | 785.00 | 142 | 529,501,926.10 |
| FCMB | 9.50 | 296 | 449,084,598.65 |
OUTLOOK
The equities market is off to a great start this week, with the banking sector leading the charge. ROYALEX took the top spot on the gainers’ list, indicating a significant boost in investor confidence. This upward trend is expected to continue throughout the week, driven by improved market sentiment
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