Trading activities in the Nigerian Equities market closed negative at the end of today, Friday (31/01/2025), as the NGX-ASI decreased to 104,496.12 from 104,744.43 recorded at the close of the previous trading day, indicating a YTD return of 1.53%.
However, the market performance for the week increased by 0.87%, with the NGX All-Share Index (ASI) increasing to 104,496.12 from 103,598.30 recorded at the start of the trading week.
The market capitalization decreased by ₦347 billion to ₦64.709 trillion from ₦64.868 trillion recorded at the previous trading day’s close. However, the market turnover increased to ₦15.422 billion from ₦11.842 billion.
The market breadth was positive at 1.21X as 34 stocks advanced and 28 stocks declined, while 58 stocks remained unchanged. BETAGLAS topped the gainers’ list with 10.00%, while OANDO declined by 10.00% to lead the losers’ chart.
NSLTECH recorded the highest volume While FBNH recorded the highest value for the day.
Read: NGX Price List for Friday, 31st January 2025
MARKET STATISTICS
| CAP | N64,708,623,741,649.43 | One Day (ASI CHG) | -0.24% |
| Index | 14540.00 | One Week (ASI CHG) | 0.87% |
| Volume | 1265150876.00 | One Month (ASI CHG) | 1.53% |
| Value | N15,422,443,901.35 | Six Months (ASI CHG) | 6.87% |
| Deals | 14540.00 | 52 Weeks (ASI CHG) | 0.07% |
| Gainers | 34 | Losers | 28 |
| Unchanged | 58 | Total | 120 |
| YTD Returns | 1.53% |
Source: Ngxgroup.com, GTI Research
Sector Performance
| Security | % Change |
| ASI | -0.24 |
| NGX30 | -0.28 |
| NGXBNK | -1.15 |
| NGXCNSMRGDS | 0.78 |
| NGXINDUSTR | 0.08 |
| NGXINS | -0.48 |
| NGXLOTUSISLM | -0.17 |
| NGXOILGAS | -1.28 |
Top 7 Gainers
| Security | Previous Close (₦) | Close Price (₦) | Change Price (₦) | Change (%) |
| BETAGLAS | 65.00 | 71.50 | 6.50 | 10.00 |
| VITAFOAM | 29.05 | 31.95 | 2.90 | 9.98 |
| NNFM | 55.10 | 60.60 | 5.50 | 9.98 |
| CONHALLPLC | 2.79 | 3.06 | 0.27 | 9.68 |
| ROYALEX | 0.91 | 0.99 | 0.08 | 8.79 |
| WAPIC | 2.30 | 2.50 | 0.20 | 8.70 |
| CWG | 7.05 | 7.60 | 0.55 | 7.80 |
Top 7 Losers
| Security | Previous Close (₦) | Close Price (₦) | Change Price (₦) | Change (%) |
| OANDO | 76.00 | 68.40 | -7.60 | -10.00 |
| STANBIC | 71.45 | 64.35 | -7.10 | -9.94 |
| IKEJAHOTEL | 12.20 | 11.00 | -1.20 | -9.84 |
| UPDC | 2.07 | 1.87 | -0.20 | -9.66 |
| REGALINS | 0.76 | 0.69 | -0.07 | -9.21 |
| AIICO | 1.77 | 1.62 | -0.15 | -8.47 |
| LINKASSURE | 1.50 | 1.38 | -0.12 | -8.00 |
Top 7 Traded Stocks By Volume
| Security | Close Price (₦) | Number of Trades | Volume |
| NSLTECH | 0.70 | 110 | 599,536,483 |
| FBNH | 29.95 | 425 | 85,454,107 |
| VERITASKAP | 1.09 | 390 | 67,342,157 |
| GTCO | 61.05 | 265 | 32,726,151 |
| OANDO | 68.40 | 1057 | 32,311,088 |
| ZENITHBANK | 50.60 | 465 | 21,220,868 |
| ACCESSCORP | 26.00 | 611 | 19,703,983 |
Top 7 Traded Stocks By Value
| Security | Close Price (₦) | Number of Trades | Value (₦) |
| FBNH | 29.95 | 425 | 2,544,159,591.45 |
| OANDO | 68.40 | 1057 | 2,215,048,598.55 |
| GTCO | 61.05 | 265 | 2,033,957,253.75 |
| ZENITHBANK | 50.60 | 465 | 1,071,682,243.75 |
| NESTLE | 975.00 | 79 | 847,393,723.50 |
| ARADEL | 569.30 | 441 | 621,685,956.30 |
| NB | 35.80 | 249 | 596,064,617.05 |
OUTLOOK
The Nigerian Exchange concludes the trading week with a significant gain despite the mixed rally experienced during the trading week. It is projected that the market performance will move towards the positive direction in the coming week.
