Market performance slipped 1.19% for the week.

Trading activities in the Nigerian Equities market closed negative at the end of today, Friday (7/03/2025), as the NGX-ASI decreased to 106,533.26 from 106,780.72 recorded at the close of the previous trading day, indicating a YTD return of +3.50%.

The market performance for the week, however, decreased by 1.19%, with the NGX All-Share Index (ASI) decreasing to 106,533.26 from 107,821.39recorded at the start of the trading week

Similarly, the market capitalization decreased by ₦154.97 billion to ₦66.713 trillion from ₦66.869 trillion recorded at the previous trading day’s close. Also, the market turnover decreased to ₦9.634 billion from ₦10.185 billion.

The market breadth was positive at 1.78X as 32 stocks advanced and 18 stocks declined, while 72 stocks remained unchanged. LIVESTOCK topped the gainers’ list with 9.87%, while IKEJAHOTEL declined by 9.70% to lead the losers’ chart.

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

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

MARKET STATISTICS

CAP (₦)66,713,702,880,682.21One Day (ASI CHG)-0.23%
Index106,533.26One Week (ASI CHG)-1.19%
Volume344,787,630One Month (ASI CHG)+1.15%
Value (₦)N9,634,846,384.92Six Months (ASI CHG)+10.35%
Deals11,72952 Weeks (ASI CHG)+5.13%
Gainers32Losers18
Unchanged72Total122
 YTD Returns+3.50% 

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange (%) 
ASI-0.23
NGX30-0.42
NGXBNK0.12
NGXCNSMRGDS0.42
NGXINDUSTR0.00
NGXINS1.27
NGXLOTUSISLM-0.66
NGXOILGAS-0.09

Top 7 Gainers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)%Change
LIVESTOCK7.608.350.759.87
HONYFLOUR12.2513.451.209.80
EUNISELL9.8010.750.959.69
MAYBAKER7.257.950.709.66
TANTALIZER2.372.590.229.28
RTBRISCOE2.402.600.208.33
DAARCOMM0.610.660.058.20

Top 7 Losers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)%Change
IKEJAHOTEL11.8510.70-1.15-9.70
TRANSCORP51.8046.90-4.90-9.46
FCMB9.859.10-0.75-7.61
CAVERTON2.762.60-0.16-5.80
ABCTRANS1.581.50-0.08-5.06
CHAMPION4.203.99-0.21-5.00
CWG8.357.95-0.40-4.79

Top 7 Traded Stocks By Volume

SecurityClose PriceNumber of TradesDaily Volume
ZENITHBANK47.80          91242,150,286
FIDELITYBK17.25          41935,938,061
ACCESSCORP23.85          68631,496,704
UBA37.95          44423,990,105
TANTALIZER2.59          35923,064,942
GTCO59.50          34815,847,407
UCAP19.95          42214,643,572

Top 7 Traded Stocks By Value

SecurityClose PriceNumber of TradesDaily Value
ZENITHBANK47.80 9122,015,438,198.85
OKOMUOIL543.00 861,327,219,305.90
GTCO59.50 348 941,168,936.80
UBA37.95 444 897,802,350.10
ACCESSCORP23.85 686 746,902,140.60
FIDELITYBK17.25 419 624,725,837.90
TRANSCORP46.90 580 425,827,294.55

OUTLOOK

The equity market ended the day on a negative note, with losses recorded in today’s trading session. This decline also sealed a weekly loss for the market, which fell by 1.9% over the past five days. Despite the setback, we remain cautiously optimistic about the market’s prospects and look forward to a potential rebound in the week ahead.

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