Equities Market Sheds ₦290Bn Amid Profit-Taking Run.

Trading activities in the Nigerian Equities market closed negative at the end of today, Wednesday (5/03/2025), as the NGX-ASI decreased to 106,436.48 from 106,904.25 recorded at the close of the previous trading day, indicating a YTD return of +3.41%.

Similarly, the market capitalization decreased by ₦290 billion to ₦66.653 trillion from ₦66.943 trillion recorded at the previous trading day’s close. However, the market turnover increased to ₦11.309 billion from ₦8.763 billion.

The market breadth was negative at 0.29X as 12 stocks advanced and 41 stocks declined, while 67 stocks remained unchanged. TANTALIZER topped the gainers’ list with 9.64%, while CAVERTON declined by 10.00% to lead the losers’ chart.

FIDELITYBK recorded the highest volume, while OKOMUOIL recorded the highest value for the day.

Read: NGX Price List for Wednesday, 5th March 2025

MARKET STATISTICS

CAP (₦)66,653,101,030,055.53One Day (ASI CHG)-0.44%
Index106,436.48One Week (ASI CHG)-1.26%
Volume389,574,254One Month (ASI CHG)+1.73%
Value (₦)11,309,469,636.24Six Months (ASI CHG)+9.96%
Deals11,42352 Weeks (ASI CHG)+6.87%
Gainers12Losers41
Unchanged67Total120
 YTD Returns+3.41% 

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange (%) 
ASI-0.44
NGX30-0.48
NGXBNK-0.83
NGXCNSMRGDS-1.51
NGXINDUSTR 0.00
NGXINS-3.88
NGXLOTUSISLM 0.00
NGXOILGAS-0.07

Top 7 Gainers

SecurityPrevious Close(₦)Close Price(₦)Change Price(₦)Change (%)
TANTALIZER1.972.160.199.64
UHOMREIT48.6552.954.308.84
CHAMPION3.904.200.307.69
CWG7.908.350.455.70
DEAPCAP0.900.950.055.56
NAHCO61.0563.001.953.19
GUINEAINS0.630.650.023.17

Top 7 Losers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
CAVERTON2.802.52-0.28-10.00
CONHALLPLC3.953.56-0.39-9.87
ETERNA37.8034.15-3.65-9.66
FTNCOCOA1.681.52-0.16-9.52
LINKASSURE1.321.20-0.12-9.09
WEMABANK12.0011.00-1.00-8.33
TRANSCORP51.3047.10-4.20-8.19

Top 7 Traded Stocks By Volume

SecurityClose Price(₦)Number of TradesVolume
FIDELITYBK17.2559647,924,615
ACCESSCORP24.0074835,602,667
UBA36.0061929,052,308
JAIZBANK3.4018827,019,135
ZENITHBANK47.0066121,648,652
UCAP18.0067518,851,639
WEMABANK11.0021717,786,146

Top 7 Traded Stocks By Value

SecurityClose Price (₦)Number of TradesValue (₦)
OKOMUOIL543.00962,534,319,767.30
ZENITHBANK47.006611,021,561,963.70
UBA36.006191,019,830,551.45
ACCESSCORP24.00748853,881,111.25
FIDELITYBK17.25596803,467,568.35
TRANSPOWER364.9080722,025,593.50
ARADEL535.00212514,605,111.10

OUTLOOK

The market extends its negative run into the third trading session of the week, closing in the red with losses recorded across major sectors. With increased investment in fixed-income securities such as Treasury Bills and Savings Bonds, we anticipate the downtrend to persist. However, as quoted companies continue to release their Audited Financial Statements and declare attractive dividend payouts, we project a recovery in the foreseeable future.

WhatsApp
Facebook
LinkedIn
X