Profit-taking Triggers Market’s First Loss Of The Week, Wiping Off ₦74bn.

Trading activities in the Nigerian Equities market closed negative at the end of today, Wednesday (26/03/2025), as the NGX-ASI decreased to 105,475.38 from 105,593.28, recorded at the close of the previous trading day, indicating a YTD return of +2.48%.

Similarly, the market capitalization decreased by ₦74 billion to ₦66.141 trillion from ₦66.215 trillion recorded at the previous trading day’s close. However, the market turnover increased to ₦342.61 billion from ₦15.075 billion.

The market breadth was positive at 1.67X as 30 stocks advanced and 18 stocks declined, while 72 stocks remained unchanged. MBENEFIT topped the gainers’ list with 10.00%, while UHOMREIT declined by 9.93% to lead the losers’ chart.

SOVRENINS recorded the highest volume, and SEPLAT recorded the highest value for the day.

Read: NGX Price List for Wednesday, 26th March 2025

MARKET STATISTICS

CAP (₦)66,140,844,748,137.78One Day (ASI CHG)-0.10%
Index105,475.38One Week (ASI CHG)+0.54%
Volume5,760,316,590One Month (ASI CHG)-2.44%
Value (₦)342,605,211,120.81Six Months (ASI CHG)+7.22%
Deals10,90852 Weeks (ASI CHG)+1.15%
Gainers30Losers18
Unchanged72Total120
 YTD Returns+2.48% 

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange (%) 
ASI -0.10
NGX30 -0.15
NGXBNK+0.13
NGXCNSMRGDS+0.35
NGXINDUSTR 0.00
NGXINS+2.64
NGXLOTUSISLM-0.41
NGXOILGAS+0.03

Top 7 Gainers

SecurityPrevious Close(₦)Close Price(₦)Change Price (₦)Change (%)
MBENEFIT0.800.880.0810.00
ROYALEX0.810.890.089.88
NEM12.2013.401.209.84
LASACO2.512.750.249.56
ETRANZACT5.255.750.509.52
SUNUASSUR5.856.300.457.69
NSLTECH0.550.590.047.27

Top 7 Losers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
UHOMREIT56.9051.25-5.65-9.93
ABCTRANS1.531.38-0.15-9.80
UNIVINSURE0.600.55-0.05-8.33
DAARCOMM0.620.58-0.04-6.45
CHAMPION4.003.80-0.20-5.00
AFRIPRUD15.1014.50-0.60-3.97
MTNN245.00238.40-6.60-2.69

Top 7 Traded Stocks by Volume

SecurityClose Price (₦)Number of TradesVolume
SOVRENINS0.9848607,057,274
CUTIX2.3796358,333,434
FIDELITYBK19.1550561,858,295
ACCESSCORP22.5079143,791,958
ZENITHBANK48.9070621,491,065
TANTALIZER2.9210713,611,389
CHAMS2.2315613,340,376

Top 7 Traded Stocks by Value

SecurityClose Price (₦)Number of TradesValue (₦)
SEPLAT5,700.00463,525,818,220.00
FIDELITYBK19.155051,177,738,984.40
ZENITHBANK48.907061,046,611,487.45
ACCESSCORP22.50791973,747,238.55
CUTIX2.3796860,044,085.00
NESTLE1,000.0077848,936,142.90
SOVRENINS0.9848607,080,712.03

OUTLOOK

After a series of positive trading sessions earlier this week, the market succumbed to investor sell-off pressure, closing the day in the red. Despite more equities ending positive, the market struggled to sustain the momentum from the week’s start. Volatility is expected to persist as investors reassess their portfolios.

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