Nestlé Leads 43 Gainers as Market ASI Rises 0.75% In Ongoing Rally.

Trading activities in the Nigerian Equities market closed positive at the end of today, Thursday (24/04/2025), as the NGX-ASI increased to 106,074.26 from 105,305.25 recorded at the close of the previous trading day, indicating a YTD return of +3.06%.

Similarly, the market capitalization increased by ₦508 billion to ₦66.667 trillion from ₦66.159 trillion recorded at the previous trading day’s close. However, the market turnover decreased to ₦10.373 billion from ₦18.284 billion.

The market breadth was positive at 3.07X, as 43 stocks advanced, 14 stocks declined, and 63 stocks remained unchanged. NESTLE topped the gainers’ list with 10.00%, while JOHNHOLT declined by 10.00% to lead the losers’ chart.

ACCESSCORP recorded the highest volume while MTNN recorded the highest value for the day.

Read: NGX Price List for Thursday, 24th April 2025

MARKET STATISTICS

CAP (₦)66,667,289,366,193.43One Day (ASI CHG)+0.75%
Index106,074.26One Week (ASI CHG)+1.77%
Volume328,257,590One Month (ASI CHG)+0.46%
Value (₦)10,370,339,858.42Six Months (ASI CHG)+7.26%
Deals12,14252 Weeks (ASI CHG)+8.05%
Gainers43Losers14
Unchanged63Total120
 YTD Returns+3.06% 

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange (%) 
ASI+0.75
NGX30+0.74
NGXBNK-0.20
NGXCNSMRGDS+2.35
NGXINDUSTR+1.29
NGXINS+4.32
NGXLOTUSISLM+1.80
NGXOILGAS+0.27

Top 7 Gainers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
NESTLE1,000.00  1,100.00100.0010.00
WAPCO72.0079.207.2010.00
ETERNA33.0036.303.3010.00
CADBURY22.0024.202.2010.00
IKEJAHOTEL10.0011.001.0010.00
VITAFOAM37.1040.803.709.97
ACADEMY2.612.870.269.96

Top 7 Losers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
JOHNHOLT7.006.30-0.70-10.00
HMCALL5.224.70-0.52-9.96
MULTIVERSE8.657.80-0.85-9.83
GUINEAINS0.700.64-0.06-8.57
JAPAULGOLD2.101.97-0.13-6.19
ELLAHLAKES3.283.10-0.18-5.49
NB39.8038.00-1.80-4.52

Top 7 Traded Stocks by Volume

SecurityClose Price (₦)Number of TradesVolume
ACCESSCORP23.9084048,502,116
FIDELITYBK20.0044540,384,714
GTCO61.1054017,100,984
CHAMS2.2014813,740,766
ZENITHBANK45.5055312,301,252
WAPCO79.2024411,725,939
TANTALIZER2.318210,223,505

Top 7 Traded Stocks by Value

SecurityClose Price (₦)Number of TradesValue (₦)
MTNN245.004381,422,222,599.10
ACCESSCORP23.908401,162,860,006.70
GTCO61.105401,043,621,308.45
WAPCO79.20244907,110,872.95
FIDELITYBK20.00445801,816,334.65
PRESCO785.00140640,737,501.40
ZENITHBANK45.50553556,184,891.50

OUTLOOK

The equities market closed positive once again on the penultimate trading day of the week, extending its bullish run for the third straight session. This consistent upward movement positions the market for a potentially strong week-ending performance. Despite a mild downturn in the financial sector, gains recorded across other key sectors helped to sustain overall market optimism and investor confidence. With this trend, the broader market outlook remains positive, and we anticipate a green close to wrap up the week on a strong note.

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