Stock Market Regains Momentum with ₦504bn Surge.

Trading activities in the Nigerian Equities market closed Positive at the end of today, Wednesday (19/02/2025), as the NGX-ASI increased to 108,609.51 from 107,670.98 recorded at the close of the previous trading day, indicating a YTD return of 5.52%.

Similarly, the market capitalization increased by ₦504 billion to ₦67.684 trillion from ₦67.179 trillion recorded at the previous trading day’s close. However, the market turnover decreased to ₦8.631 billion from ₦11.262billion.

The market breadth was negative at 0.93X as 25 stocks advanced and 27 stocks declined, while 69 stocks remained unchanged. BUAFOODS topped the gainers’ list with 9.91%, while UPL declined by 9.80% to lead the losers’ chart.

ACCESSCORP recorded the highest volume and highest value for the day.

Read: NGX Price List for Wednesday, 19th February 2025

MARKET STATISTICS

CAP₦67,684,201,411,968.52One Day (ASI CHG)+0.87%
Index108,609.51One Week (ASI CHG)+0.73%
Volume343,718,718One Month (ASI CHG)+6.09%
Value₦8,631,555,393.66Six Months (ASI CHG)+13.40%
Deals12,97052 Weeks (ASI CHG)+7.15%
Gainers 25Losers 27
Unchanged 69Total121
 YTD Returns+5.52% 

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange (%) 
ASI+0.87
NGX30+0.93
NGXBNK-0.61
NGXCNSMRGDS+4.16
NGXINDUSTR 0.00
NGXINS+0.29
NGXLOTUSISLM+1.14
NGXOILGAS+0.03

Top 7 Gainers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)%Change
BUAFOODS373.50410.5037.009.91
RTBRISCOE2.462.630.176.91
ETERNA40.0042.502.506.25
SUNUASSUR6.526.920.406.13
VERITASKAP1.161.230.076.03
CILEASING3.753.960.215.60
HONYFLOUR12.7013.400.705.51

Top 7 Losers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)%Change
UPL5.104.60-0.50-9.80
INTENEGINS2.452.21-0.24-9.80
UNIONDICON7.356.65-0.70-9.52
DAARCOMM0.690.64-0.05-7.25
JOHNHOLT7.547.00-0.54-7.16
REGALINS0.710.66-0.05-7.04
ACADEMY3.203.00-0.20-6.25

Top 7 Traded Stocks By Volume

SecurityClose Price (₦) Number of Trades Daily Volume 
ACCESSCORP27.50       1,41765,095,634
FIDELITYBK19.00          49750,687,591
ZENITHBANK50.45           61922,090,943
STERLINGNG5.93           15113,168,934
WAPIC2.71           11013,076,154
AIICO1.72           17011,555,362
UBA38.00           38411,100,831

Top 7 Traded Stocks By Value

SecurityClose Price (₦) Number of Trades  Daily Value 
ACCESSCORP27.50       1,4171,800,608,593
ZENITHBANK50.45        6191,118,349,493
FIDELITYBK19.00        497962,543,946
UBA38.00        384421,226,805
MTNN264.20        615338,314,049
ARADEL530.00        355333,118,590
GTCO62.85        270329,882,866

OUTLOOK

Nigeria’s stock market witnessed a significant turnaround today, as investors seized on the previous 2 days’ losses to buy into undervalued stocks, sparking a broad-based rally. The positive sentiment is likely to persist through the rest of the week.

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