Stock Market Bounces Back with ₦507bn Increase.

Trading activities in the Nigerian Equities market closed positive at the end of today, Wednesday (08/1/2025), as the NGX-ASI increased to 104,230.73 from 103,398.82 recorded at the close of the previous trading day, indicating a YTD return of +1.27%.

Similarly, the market capitalization increased by ₦507 billion to ₦63.558 trillion from ₦63.051 trillion recorded at the previous trading day’s close. Also, the market turnover increased to ₦24.692 billion from ₦14.638 billion.

The market breadth was negative at 0.93X as 26 stocks advanced and 28 stocks declined, while 68 stocks remained unchanged. TRANSCORP topped the gainers’ list with 10.00%, while SUNUASSUR declined by -9.99% to lead the losers’ chart.

TANTALIZER recorded the highest volume, While GEREGU recorded highest value for the day.

Read: NGX Price List for Wednesday ,8th January 2025

MARKET STATISTICS

CAPN63,558,638,748,497.14One Day (ASI CHG)+0.80%
Index104,230.73One Week (ASI CHG)+1.27%
Volume756,417,525One Month (ASI CHG)+6.24%
ValueN24,692,385,075.05Six Months (ASI CHG)+4.22%
Deals13,55152 Weeks (ASI CHG)+27.07%
Gainers26Losers 28
Unchanged68Total122
YTD Returns+1.27%

Source: Ngxgroup.com, GTI Research

Sector Performance

Security% Change 
ASI0.80
NGX300.96
NGXBNK0.55
NGXCNSMRGDS0.09
NGXINDUSTR0.01
NGXINS-0.27
NGXLOTUSISLM1.43
NGXOILGAS-0.13

Top 7 Gainers

SecurityPrevious Close(N)Close Price(N)Change Price(N)%Change
TRANSCORP45.0049.504.5010.00
MTNN200.00220.0020.0010.00
HONYFLOUR7.548.290.759.95
AIICO1.711.880.179.94
MULTIVERSE9.7010.650.959.79
LINKASSURE1.441.580.149.72
VITAFOAM22.5024.502.008.89

Top 7 Losers

SecurityPrevious Close(N)Close Price(N)Change Price(N)%Change
SUNUASSUR10.019.01-1.00-9.99
UNIVINSURE0.780.71-0.07-8.97
NSLTECH0.740.68-0.06-8.11
CONHALLPLC3.613.40-0.21-5.82
CILEASING4.254.01-0.24-5.65
CORNERST4.153.93-0.22-5.30
LIVESTOCK4.764.54-0.22-4.62

Top 7 Traded Stocks By Volume

SecurityClose Price(N)Number of TradesDaily Volume
TANTALIZER2.7119282,391,925
UNIVINSURE0.7130956,614,976
AIICO1.8835254,330,872
CHAMS2.1423133,148,812
GUINEAINS0.9915425,501,155
VERITASKAP1.6020325,498,979
ACCESSCORP24.5067725,462,657

Top 7 Traded Stocks By Value

SecurityClose Price(N)Number of TradesDaily Value
GEREGU1150.0014811,387,901,105.00
TOTAL630.002461,777,567,159.10
ARADEL598.00241749,246,683.20
ACCESSCORP24.50677623,496,965.55
ZENITHBANK44.50560588,806,545.65
MTNN220.00373410,029,352.50
UBA34.00529389,966,693.90

OUTLOOK

The Nigerian stock market recorded a substantial gain at the close of today’s trade. This reversal of fortunes was fueled by increased buying activity, as investors took advantage of yesterday’s dips to acquire undervalued stocks. we anticipate a positive trend in the remaining days of the week.

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