Nigerian Stock Market Edges Up 0.41% In One Week As Inflation Data Unfolds.

Trading activities in the Nigerian Equities market closed negative at the end of today, Friday (21/02/2025), as the NGX-ASI decreased to 108,497.40 from 108,568.50 recorded at the close of the previous trading day, indicating a YTD return of +5.41%.

However, the market performance for the week increased by 0.41%, with the NGX All-Share Index (ASI) increasing to 108,497.40 from 108,053.52 recorded at the start of the trading week.

The market capitalization decreased by ₦44 billion to ₦67.614 trillion from ₦67.659 trillion recorded at the previous trading day’s close. Also, the market turnover decreased to ₦8.362 billion from ₦8.425 billion.

The market breadth was positive at 0.81X as 25 stocks advanced and 31 stocks declined, while 62 stocks remained unchanged. CHAMPION topped the gainers’ list with 9.87%, while IKEJAHOTEL declined by 7.56% to lead the losers’ chart.

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

Read: NGX Price List for Friday, 21st February 2025

MARKET STATISTICS

CAP₦67,614,341,237,244.26One Day (ASI CHG)-0.07%
Index108,497.40One Week (ASI CHG)0.41%
Volume315,722,116One Month (ASI CHG)+5.51%
Value₦8,361,602,039.18Six Months (ASI CHG)+13.22%
Deals13,34552 Weeks (ASI CHG)+6.28%
Gainers25Losers31
Unchanged 62Total118
 YTD Returns+5.41% 

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange (%) 
ASI-0.07
NGX30-0.08
NGXBNK-0.55
NGXCNSMRGDS 0.63
NGXINDUSTR 0.10
NGXINS-0.25
NGXLOTUSISLM 0.14
NGXOILGAS-0.58

Top 7 Gainers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
CHAMPION3.754.120.379.87
DANGSUGAR38.0041.403.408.95
OMATEK0.750.810.068.00
DAARCOMM0.630.680.057.94
DEAPCAP0.920.990.077.61
REDSTAREX6.006.400.406.67
CHAMS2.212.350.146.33

Top 7 Losers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
IKEJAHOTEL11.9011.00-0.90-7.56
ACADEMY3.002.78-0.22-7.33
ROYALEX0.890.84-0.05-5.62
NEIMETH3.343.16-0.18-5.39
OANDO62.0559.00-3.05-4.92
VERITASKAP1.261.20-0.06-4.76
ABCTRANS1.291.23-0.06-4.65

Top 7 Traded Stocks By Volume

SecurityClose Price (₦) Number of Trades Volume
ELLAHLAKES3.2116140,469,322
FIDELITYBK18.3054921,019,495
ZENITHBANK49.4066320,035,303
UBA37.5047119,893,056
ACCESSCORP26.5052916,773,243
UNIVINSURE0.696613,390,448
CHAMS2.3510810,903,693

Top 7 Traded Stocks By Value

SecurityClose Price (₦)Number of Trades Value (₦)
ARADEL515.604661,198,770,493.30
ZENITHBANK49.40663990,320,500.65
UBA37.50471741,562,660.55
OANDO59.00923566,718,776.20
WAPCO78.00145482,443,173.05
NASCON44.50160443,821,929.00
ACCESSCORP26.50529443,117,005.20

OUTLOOK

The Equities market demonstrated resilience over the week, recording a 0.41% gain despite investors’ concerns regarding the the latest inflation report. The positive sentiment reflects investors optimism as they assess the potential impact of the inflationary pressure on monetary policy and corporate earnings. Looking ahead, investors will be eager to see if this momentum carries over into the coming week.

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