Equities Market Extends Losing Streak in March, Sheds ₦532Bn For The Week.

Trading activities in the Nigerian Equities market closed positive at the end of today, Friday (21/03/2025), as the NGX-ASI increased to 104,962.96 from 104,858.77 recorded at the close of the previous trading day, indicating a YTD return of +1.98%.

The market performance for the week, however, decreased by 0.94%, with the NGX All-Share Index (ASI) decreasing to 104,962.96 from 105,955.13 recorded at the start of the trading week.

The market capitalization increased by ₦66 billion to ₦65.820 trillion from ₦65.754 trillion recorded at the previous trading day’s close. Also, the market turnover increased to ₦14.171 billion from ₦6.247 billion.

The market breadth was positive at 1.38X as 29 stocks advanced and 21 stocks declined, while 70 stocks remained unchanged. LINKASSURE topped the gainers’ list with 10.00%, while REDSTAREX declined by 9.91% to lead the losers’ chart.

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

Read: NGX Price List for Friday, 21st March 2025

MARKET STATISTICS

CAP (₦)65,819,514,394,144.52One Day (ASI CHG)+0.10%
Index104,962.96One Week (ASI CHG)-0.94%
Volume397,208,399One Month (ASI CHG)-3.36%
Value (₦)14,170,961,810.41Six Months (ASI CHG)+6.85%
Deals10,09952 Weeks (ASI CHG)+0.30%
Gainers29Losers21
Unchanged70Total120
 YTD Returns+1.98% 

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange (%) 
ASI+0.10
NGX30+0.10
NGXBNK+0.12
NGXCNSMRGDS-0.02
NGXINDUSTR 0.00
NGXINS-0.49
NGXLOTUSISLM+0.04
NGXOILGAS+0.50

Top 7 Gainers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
LINKASSURE1.301.430.1310.00
LIVESTOCK7.658.410.769.93
MBENEFIT0.610.670.069.84
UBA34.8036.802.005.75
OANDO48.3051.002.705.59
FIDELITYBK17.0017.900.905.29
CUSTODIAN20.0020.900.904.50

Top 7 Losers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
REDSTAREX5.354.82-0.53-9.91
LEARNAFRCA3.353.02-0.33-9.85
ETRANZACT5.304.80-0.50-9.43
WAPIC2.452.22-0.23-9.39
IKEJAHOTEL10.709.70-1.00-9.35
DEAPCAP0.990.92-0.07-7.07
CAVERTON2.782.61-0.17-6.12

Top 7 Traded Stocks by Volume

SecurityClose Price (₦)Number of TradesVolume
FIDELITYBK17.9029962,271,930
ACCESSCORP22.1075438,326,875
TANTALIZER3.108831,992,685
VERITASKAP1.1715531,427,472
ZENITHBANK45.6070722,677,318
UNIVINSURE0.528620,125,635
JAIZBANK3.2931618,388,184

Top 7 Traded Stocks by Value

SecurityClose Price (₦)Number of TradesValue (₦)
TRANSCOHOT136.00421,205,324,977.70
FIDELITYBK17.902991,062,367,552.95
ZENITHBANK45.607071,055,545,768.70
MTNN245.003051,035,563,402.10
ACCESSCORP22.10754843,683,879.00
TRANSPOWER364.9038623,101,762.00
UBA36.80466531,424,087.65

OUTLOOK

March extended its losing streak, closing the week in the red despite easing inflation. With the only gain recorded on the final trading session, volatility is expected to persist as investors reassess portfolios amid financial disclosures and dividend payouts.

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