Market Review for the week ended January 3rd, 2025
The Nigerian equities market closed trading activities last week on a positive note. The market opened for only four days, as the Federal Government of Nigeria declared Wednesday, January 1, 2025, a public holiday in observance of the New Year’s Day celebration. The NGX All-Share Index and the Market Capitalization appreciated by 1.42% for the week to close the week at 103,586.33 and ₦63.166 trillion, respectively.
Eight-two (82) equities appreciated in price during the week, higher than sixty-four (64) equities in the previous week. Eighteen (18) equities depreciated in price lower than twenty (20) in the previous week, while fifty-two (52) equities remained unchanged, lower than sixty-nine (69) recorded in the previous week.
Meanwhile, investors on the exchange floor traded a total of 2.618 billion shares worth ₦69.742 billion in 47,953 deals this week.
Top 5 Price Gainers
| Security | Previous Close (₦) | Close Price (₦) | Gain (₦) | % Change |
| PRESTIGE | 1.00 | 1.46 | 0.46 | 46.00 |
| NEIMETH | 1.90 | 2.76 | 0.86 | 45.26 |
| SOVRENINS | 0.93 | 1.35 | 0.42 | 45.16 |
| WAPIC | 1.87 | 2.71 | 0.84 | 44.92 |
| UNIVINSURE | 0.55 | 0.79 | 0.24 | 43.64 |
Top 5 Price Losers
| Security | Previous Close (₦) | Close Price (₦) | Loss (₦) | % Change |
| PZ | 29.00 | 25.00 | -4.00 | -13.79 |
| CWG | 7.85 | 7.00 | -0.85 | -10.83 |
| UNIONDICON | 8.00 | 7.20 | -0.80 | -10.00 |
| NGXGROUP | 30.00 | 27.25 | -2.75 | -9.17 |
| CADBURY | 23.00 | 21.50 | -1.50 | -6.52 |
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