Trading activities in the Nigerian Equities market closed positive at the end of today, Friday (24/01/2025), as the NGX-ASI increased to 103,598.30 from 102,788.20 recorded at the close of the previous trading day, indicating a YTD return of 0.65%.
The market performance for the week increased by 1.22%, with the NGX All-Share Index (ASI) increasing to 103,598.30 from 102,353.68 recorded at the start of the trading week.
The market capitalization increased by ₦497.68 billion to ₦63.645 trillion from ₦63.148 trillion recorded at the previous trading day’s close. However, the market turnover decreased to ₦8.980 billion from ₦22.500 billion.
The market breadth was positive at 1.48X as 34 stocks advanced and 23 stocks declined, while 68 stocks remained unchanged. GUINNESS topped the gainers’ list with 10.00%, while NEIMETH declined by -9.88% to lead the losers’ chart.
NSLTECH recorded the highest volume, While NB recorded the highest value for the day.
Read: NGX Price List for Friday, 24th January 2025
MARKET STATISTICS
| CAP | N63,645,304,213,983.36 | One Day (ASI CHG) | 0.79% |
| Index | 103,598.30 | One Week (ASI CHG) | 1.22% |
| Volume | 576,414,542 | One Month (ASI CHG) | 1.38% |
| Value | N8,980,171,922.61 | Six Months (ASI CHG) | 3.22% |
| Deals | 11,546 | 52 Weeks (ASI CHG) | 1.17% |
| Gainers | 34 | Losers | 23 |
| Unchanged | 68 | Total | 125 |
| YTD Returns | 0.65% | ||
Source: Ngxgroup.com, GTI Research
Sector Performance
Top 7 Gainers
| Company | Previous Close(N) | Close Price(N) | Change Price | % Change |
| GUINNESS | 70 | 77.00 | 7.00 | 10.00 |
| CHELLARAM | 3.7 | 4.07 | 0.37 | 10.00 |
| SCOA | 3.6 | 3.96 | 0.36 | 10.00 |
| TRANSPOWER | 324 | 349.80 | 25.80 | 7.96 |
| LASACO | 3.06 | 3.28 | 0.22 | 7.19 |
| JAPAULGOLD | 2.15 | 2.29 | 0.14 | 6.51 |
| NGXGROUP | 27 | 28.55 | 1.55 | 5.74 |
Top 7 Losers
| Company | Previous Close(N) | Close Price(N) | Change Price(N) | % Change |
| NEIMETH | 3.44 | 3.1 | -0.34 | -9.88 |
| JOHNHOLT | 9.2 | 8.3 | -0.9 | -9.78 |
| INTENEGINS | 1.95 | 1.76 | -0.19 | -9.74 |
| SOVRENINS | 1.17 | 1.06 | -0.11 | -9.40 |
| AUSTINLAZ | 2 | 1.82 | -0.18 | -9.00 |
| SUNUASSUR | 5.5 | 5.01 | -0.49 | -8.91 |
| EUNISELL | 13.88 | 12.66 | -1.22 | -8.79 |
Top 7 Traded Stocks By Volume
| Company | Close Price | Number of Trades | Volume |
| NSLTECH | 0.81 | 77 | 202,216,792 |
| NB | 31 | 206 | 42,101,435 |
| JAPAULGOLD | 2.29 | 308 | 34,623,159 |
| ACCESSCORP | 25.3 | 673 | 32,145,347 |
| SOVRENINS | 1.06 | 60 | 16,991,811 |
| UBA | 36.5 | 555 | 16,786,292 |
| UCAP | 22.5 | 266 | 14,055,470 |
Top 7 Traded Stocks By Value
| Company | Close Price | Number of Trades | Value |
| NB | 31 | 206 | 42,101,435.00 |
| ACCESSCORP | 25.3 | 673 | 32,145,347.00 |
| ARADEL | 540 | 238 | 1,422,238.00 |
| UBA | 36.5 | 555 | 16,786,292.00 |
| ZENITHBANK | 49.6 | 476 | 9,230,227.00 |
| TRANSCORP | 52 | 249 | 8,240,138.00 |
| WAPCO | 70.5 | 141 | 5,930,824.00 |
OUTLOOK
The Nigerian Equities Market wrapped up the week on a strong note, with stocks experiencing a significant uptick. This bullish trend indicates a surge in investor confidence and a positive outlook for the market. As the week comes to a close, We anticipate sustained growth and positive results next week.
