Equities Market Dips 0.43% as Losses Mount

Trading activities in the Nigerian Equities market closed negative at the end of today, Tuesday (11/03/2025), as the NGX-ASI decreased to 106,164.64 from 106,621.91 recorded at the close of the previous trading day, indicating a YTD return of +3.72%.

Similarly, the market capitalization decreased by ₦286 billion to ₦66.483 trillion from ₦66.769 trillion recorded at the previous trading day’s close. Also, the market turnover decreased to ₦7.762 billion from ₦17.628 billion.

The market breadth was negative at 0.79X as 23 stocks advanced and 29 stocks declined, while 71 stocks remained unchanged. LIVESTOCK topped the gainers’ list with 9.93%, while ABCTRANS declined by 7.98% to lead the losers’ chart.

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

Read: NGX Price List for Tuesday,11th March 2025

MARKET STATISTICS

CAP (₦)66,482,866,791,509.87One Day (ASI CHG)-0.43
Index106,164.64One Week (ASI CHG)-0.69%
Volume311,113,195One Month (ASI CHG)+0.22%
Value (₦)7,762,172,420.53Six Months (ASI CHG)+10.09%
Deals12,46652 Weeks (ASI CHG)+2.55%
Gainers23Losers29
Unchanged71Total123
 YTD Returns+3.72% 

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange (%) 
ASI-0.43
NGX30-0.46
NGXBNK-0.21
NGXCNSMRGDS-0.28
NGXINDUSTR 0.00
NGXINS 0.87
NGXLOTUSISLM-0.81
NGXOILGAS-0.03

Top 7 Gainers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
LIVESTOCK8.969.850.899.93
CORNERST2.923.190.279.25
INTENEGINS1.781.940.168.99
SMURFIT0.360.390.038.33
LASACO2.652.850.207.55
SOVRENINS1.001.060.066.00
UPDCREIT5.906.250.355.93

Top 7 Losers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
ABCTRANS1.631.50-0.13-7.98
DAARCOMM0.670.62-0.05-7.46
GUINEAINS0.680.63-0.05-7.35
ROYALEX0.820.76-0.06-7.32
PRESTIGE1.141.07-0.07-6.14
LINKASSURE1.201.14-0.06-5.00
MTNN255.80245.00-10.80-4.22

Top 7 Traded Stocks by Volume

SecurityClose Price (₦)Number of TradesVolume
FIDELITYBK17.0545629,387,394
ACCESSCORP23.9575028,345,250
GTCO59.9034028,072,476
ZENITHBANK47.5085022,359,726
UNIVINSURE0.617716,194,260
SOVRENINS1.068915,540,197
TANTALIZER2.862369,425,295

Top 7 Traded Stocks by Value

SecurityClose Price (₦)Number of TradesValue (₦)
GTCO59.903401,681,888,530.00
ZENITHBANK47.508501,067,946,310.40
ACCESSCORP23.95750680,914,376.30
FIDELITYBK17.05456502,175,808.80
SEPLAT5700.0064409,194,450.00
MTNN245.00516366,353,615.70
UBA37.60416346,050,609.85

OUTLOOK

The equities market closed today’s trading in red. Sector performance showed the significant losses in the major sectors including Banking, Oil & gas and the Industrial sectors. This recent decline reflects a period of heightened volatility and mounting losses. Investors are however advised to remain vigilant, focusing on long-term strategies and diversification to navigate the evolving economic landscape.

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