Equities Market Opens The Trading Week With 0.34% ASI Decline.

Trading activities in the Nigerian Equities market closed negative at the end of today, Monday (3/03/2025), as the NGX-ASI decreased to 107,455.13 from 107,821.39 recorded at the close of the previous trading day, indicating a YTD return of +1.90%.

The market capitalization increased by ₦94.61 billion to ₦67.288 trillion from ₦67.193 trillion recorded at the previous trading day’s close. The market turnover also increased to ₦7.232 billion from ₦14.078 billion.

The market breadth was negative at 0.58X as 19 stocks advanced and 33 stocks declined, while 72 stocks remained unchanged. NGXGROUP topped the gainers’ list with 10.00%, while IKEJAHOTEL declined by 9.92% to lead the losers’ chart.

ZENITHBANK recorded the highest volume, and the highest value for the day.

Read: NGX Price List for Monday, 3rd March 2025

MARKET STATISTICS

CAP (₦)67,287,667,792,152.64One Day (ASI CHG)-0.34%
Index107,455.13One Week (ASI CHG)-0.62%
Volume308,089,254One Month (ASI CHG)+2.59%
Value (₦)7,231,906,912.62Six Months (ASI CHG)+11.46%
Deals15,47452 Weeks (ASI CHG)+8.71%
Gainers19Losers33
Unchanged72Total124
 YTD Returns+1.90% 

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange (%) 
ASI-0.34
NGX30-0.36
NGXBNK-1.20
NGXCNSMRGDS-1.03
NGXINDUSTR-0.02
NGXINS-0.57
NGXLOTUSISLM-0.36
NGXOILGAS 0.42

Top 7 Gainers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)%Change
NGXGROUP30.0033.003.0010.00
LEARNAFRCA3.303.630.3310.00
CHAMPION3.944.330.399.90
ABCTRANS1.421.560.149.86
TANTALIZER1.902.080.189.47
GUINEAINS0.640.700.069.37
JOHNHOLT7.988.600.627.77

Top 7 Losers

SecurityPrevious Close (₦)Close Price (₦)Change Price(₦)%Change
IKEJAHOTEL12.1010.90-1.20-9.92
UCAP22.2020.00-2.20-9.91
CUTIX2.542.29-0.25-9.84
MULTIVERSE9.758.80-0.95-9.74
AFRIPRUD35.4032.05-3.35-9.46
NASCON45.2041.00-4.20-9.29
UNIONDICON5.404.90-0.50-9.26

Top 7 Traded Stocks By Volume

SecurityClose Price (₦)Number of TradesDaily Volume
ZENITHBANK48.0094132,373,481
FIDELITYBK17.2051419,730,384
ACCESSCORP24.9572716,881,013
NGXGROUP33.0024215,830,650
ELLAHLAKES3.0027515,023,902
WEMABANK12.0029212,944,569
CUTIX2.2915511,902,836

Top 7 Traded Stocks By Value

SecurityClose PriceNumber of TradesDaily Value
ZENITHBANK48.009411,555,702,457.85
OANDO59.701236570,816,120.50
ARADEL531.10326534,173,537.90
NGXGROUP33.00242512,214,063.85
ACCESSCORP24.95727430,845,812.30
FIDELITYBK17.20514344,046,741.95
UBA36.00613337,136,253.85

OUTLOOK

The equities market began the trading week on a bearish note, posting a decline as investor sentiment remained cautious. The downturn could be attributed to improved profit-taking activities observed in the market. However, investors are advice to adopt strategic approach in response to the market dynamics, as we anticipate a mixed sentiment throughout the remaining days of the week.

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