Equities Market Ends The Week Bullish As Investors Gain ₦883Bn.

Trading activities in the Nigerian Equities market closed positive at the end of today, Friday (07/02/2025), as the NGX-ASI increased to 105,933.03 from 105,430.15 recorded at the close of the previous trading day, indicating a YTD return of 2.92%.

The market performance for the week increased by 1.38%, with the NGX All-Share Index (ASI) increasing to 105,933.03 from 104,496.12 recorded at the start of the trading week.

The market capitalization increased by ₦305 billion to ₦65.592 trillion from ₦65.287 trillion recorded at the previous trading day’s close. However, the market turnover decreased to ₦13.167 billion from ₦23.025 billion.

The market breadth was positive at 2.29X as 39 stocks advanced and 17 stocks declined, while 66 stocks remained unchanged. ACADEMY topped the gainers’ list with 9.93%, while MULTIVERSE declined by 9.95% to lead the losers’ chart.

CUTIX recorded the highest volume, while ZENITHBANK recorded the highest value for the day.

Read: NGX Price List for Friday, 7th February 2025

MARKET STATISTICS

CAP₦65,592,083,023,394.61One Day (ASI CHG)+0.48%
Index105,933.03One Week (ASI CHG)+1.38%
Volume468,243,153One Month (ASI CHG)+1.63%
Value₦13,167,279,044.25Six Months (ASI CHG)+9.10%
Deals12,61252 Weeks (ASI CHG)+4.00%
Gainers 39Losers17
Unchanged 66Total122
 YTD Returns+2.92% 

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange (%)
ASI+0.48
NGX30+0.47
NGXBNK+1.72
NGXCNSMRGDS+0.11
NGXINDUSTR+0.77
NGXINS+1.64
NGXLOTUSISLM+0.51
NGXOILGAS+0.11

Top 7 Gainers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
ACADEMY2.722.990.279.93
CADBURY26.7029.352.659.93
ETERNA33.3536.653.309.90
LIVESTOCK5.285.800.529.85
UPDC2.362.590.239.75
MAYBAKER7.758.500.759.68
NEM12.0513.201.159.54

Top 7 Losers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
MULTIVERSE10.059.05-1.00-9.95
NPFMCRFBK1.891.74-0.15-7.94
LEARNAFRCA4.504.30-0.20-4.44
TANTALIZER2.082.00-0.08-3.85
CILEASING3.903.76-0.14-3.59
JAPAULGOLD2.182.11-0.07-3.21
JAIZBANK3.403.30-0.10-2.94

Top 7 Traded Stocks By Volume

SecurityClose Price(₦)Number of TradesVolume
CUTIX2.4517024,310,241
ACCESSCORP28.0058223,643,459
STERLINGNG5.9524022,792,235
FIDELITYBK20.8048720,441,025
UNIVINSURE0.6911119,762,865
ZENITHBANK52.0050916,779,525
UPDC2.594214,939,513

Top 7 Traded Stocks By Value

SecurityClose Price (₦)Number of TradesValue (₦)
ZENITHBANK52.00509854,785,571.40
PRESCO700.20227821,252,514.90
ACCESSCORP28.00582657,663,820.10
ARADEL569.30307622,136,094.40
STANBIC62.00100546,376,152.10
OKOMUOIL536.00157535,565,806.30
WAPCO74.95141491,987,603.55

OUTLOOK

The equities market showcased a stellar performance, sustaining gains for five consecutive days as investors positioned themselves ahead of full-year (FY) earnings reports and the anticipated payment of attractive dividends. While this momentum may persist, we expect mild profit-taking in the coming week.

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