Market Dip Persists as Profit-Taking Hits HONYFLOUR and 47 Other Stocks.

Trading activities in the Nigerian Equities market closed negative at the end of today, Tuesday (25/02/2025), as the NGX-ASI decreased to 107,781.61 from 108,126.97 recorded at the close of the previous trading day, indicating a YTD return of +4.72%.

Similarly, the market capitalization decreased by ₦215 billion to ₦67.168 trillion from ₦67.383 trillion recorded at the previous trading day’s close. However, the market turnover increased to ₦10.12 billion from ₦9.21 billion.

The market breadth was negative at 0.25X as 12 stocks advanced and 48 stocks declined, while 65 stocks remained unchanged. SMURFIT topped the gainers’ list with 10.00%, while HONYFLOUR declined by 10.00% to lead the losers’ chart.

ACCESSCORP recorded the highest volume, while ARADEL recorded the highest value for the day.

Read: NGX Price List for Tuesday, 25th February 2025

MARKET STATISTICS

CAP (₦)67,168,373,984,169.50One Day (ASI CHG)-0.32%
Index107,781.61One Week (ASI CHG)+0.10%
Volume363,013,197One Month (ASI CHG)+4.04%
Value (₦)10,118,134,675.54Six Months (ASI CHG)+12.30%
Deals13,75352 Weeks (ASI CHG)+7.16%
Gainers12Losers48
Unchanged 65Total125
 YTD Returns+4.72% 

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange (%) 
ASI-0.32
NGX30-0.24
NGXBNK-0.56
NGXCNSMRGDS-0.22
NGXINDUSTR-0.02
NGXINS-3.52
NGXLOTUSISLM-0.31
NGXOILGAS-1.04

Top 7 Gainers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
SMURFIT0.300.330.0310.00
NGXGROUP29.1032.002.909.97
REDSTAREX6.697.330.649.57
ABCTRANS1.231.330.108.13
NPFMCRFBK1.751.840.095.14
NSLTECH0.620.650.034.84
GUINEAINS0.790.800.011.27

Top 7 Losers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
HONYFLOUR12.5011.25-1.25-10.00
MORISON3.613.25-0.36-9.97
UPL5.054.55-0.50-9.90
INTENEGINS2.362.13-0.23-9.75
OANDO57.6052.00-5.60-9.72
AFRIPRUD33.5530.30-3.25-9.69
DAARCOMM0.740.67-0.07-9.46

Top 7 Traded Stocks By Volume

SecurityClose Price (₦)Number of TradesVolume
ACCESSCORP25.6556836,846,917
JAIZBANK3.2522523,025,653
ZENITHBANK48.0076518,420,202
MANSARD9.007417,046,915
GUINNESS74.004214,925,852
STERLINGNG5.6023814,684,730
FIDELITYBK18.0044814,665,562

Top 7 Traded Stocks By Value

SecurityClose Price (₦)Number of TradesValue (₦)
ARADEL515.005411,587,939,249.20
GUINNESS74.00421,104,625,775.65
ACCESSCORP25.65568945,552,267.40
ZENITHBANK48.00765884,170,002.90
GTCO62.50314728,299,288.30
PRESCO785.00162530,745,350.90
UBA36.60516421,604,028.50

OUTLOOK

The equities market extended its poor performance from the previous day, closing in the red. A broad-based decline across all sectors likely contributed to today’s market dip. Market recovery remains uncertain as investors reassess their stakes in quoted companies amid the ongoing release of Audited Financial Statements (AFS) for 2024.

WhatsApp
Facebook
LinkedIn
X