Nestle And 40 Gainers Drive NGX ASI Up 1.56% Amid Broad Buying Pressure.

Trading activities in the Nigerian Equities market closed positive at the end of today, Tuesday (6/05/2025), as the NGX-ASI increased to 108,361.10 from 106,698.50 recorded at the close of the previous trading day, indicating a YTD return of +5.28%.

Similarly, the market capitalization increased by ₦1.045 trillion to ₦68.105 trillion from ₦67.060 trillion recorded at the previous trading day’s close. However, the market turnover decreased to ₦13.899 billion from ₦18.934 billion.

The market breadth was positive at 1.64X, as 41 stocks advanced, 25 stocks declined, and 55 stocks remained unchanged. NESTLE topped the gainers’ list with 10.00%, while GUINEAINS declined by 8.70% to lead the losers’ chart.

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

Read: NGX Price List for , Tuesday, 6th May 2025

Corporate Actions Update: https://research.gti.com.ng/list-of-dividend-declared-so-far-in-2025-2/

MARKET STATISTICS

CAP (₦)68,105,170,283,247.48One Day (ASI CHG)+1.56%
Index108,361.10One Week (ASI CHG)+2.29%
Volume475,459,089One Month (ASI CHG)+2.70%
Value (₦)13,899,076,828.97Six Months (ASI CHG)+11.22%
Deals17,57552 Weeks (ASI CHG)+10.32%
Gainers41Losers25
Unchanged55Total121
 YTD Returns+5.28% 

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange (%) 
ASI+1.56
NGX30+1.32
NGXBNK+1.60
NGXCNSMRGDS+1.75
NGXINDUSTR+0.08
NGXINS -1.61
NGXLOTUSISLM+3.79
NGXOILGAS+2.97

Top 7 Gainers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
NESTLE1,100.001,210.00110.0010.00
NNFM75.0082.507.5010.00
ETI23.5025.852.3510.00
BETAGLAS120.75132.8012.059.98
AUSTINLAZ1.711.880.179.94
ACADEMY2.973.260.299.76
TRIPPLEG1.791.960.179.50

Top 7 Losers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
GUINEAINS0.690.63-0.06-8.70
DAARCOMM0.590.55-0.04-6.78
VFDGROUP18.2017.00-1.20-6.59
WAPIC2.142.01-0.13-6.07
REGALINS0.640.61-0.03-4.69
MEYER8.358.00-0.35-4.19
TRANSCORP45.0043.25-1.75-3.89

Top 7 Traded Stocks by Volume

SecurityClose Price(₦)Number of TradesVolume
ACCESSCORP21.25967103,915,333
GTCO65.0060837,985,403
UBA34.501,00430,731,240
STERLINGNG5.6515627,176,773
ZENITHBANK48.0099726,184,008
CAVERTON2.9219913,792,806
FIDELITYBK20.0050613,488,109

Top 7 Traded Stocks by Value

SecurityClose Price (₦)Number of TradesValue (₦)
GTCO65.006082,422,676,766.05
ACCESSCORP21.259672,201,914,353.10
ZENITHBANK48.009971,234,826,486.85
UBA34.501,0041,038,654,561.65
ARADEL525.00597943,846,563.80
MTNN284.90753677,411,298.10
SEPLAT5,700.0075587,538,900.00

OUTLOOK

Strong bargain-hunting sentiment continues to sustain market performance as the bullish run persists. With companies releasing their quarterly financial results, investor interest is expected to rise, particularly in firms showing robust performance. This growing optimism could further fuel the market’s upward momentum and reinforce the current positive trend.

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