Strong Buying Interest Pushes Market Back Above 105,000 ASI.

Trading activities in the Nigerian Equities market closed positive at the end of today, Wednesday (23/04/2025), as the NGX-ASI increased to 105,305.25 from 104,744.98 recorded at the close of the previous trading day, indicating a YTD return of +2.31%.

Similarly, the market capitalization increased by ₦342 billion to ₦66.159 trillion from ₦65.817 trillion recorded at the previous trading day’s close. Also, the market turnover increased to ₦18.284 billion from ₦7.195 billion.

The market breadth was positive at 2.13X, as 34 stocks advanced, 16 stocks declined, and 73 stocks remained unchanged. ABCTRANS topped the gainers’ list with 9.86%, while TRIPPLEG declined by 10.00% to lead the losers’ chart.

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

Read: NGX Price List for Wednesday, 23rd April 2025

MARKET STATISTICS

CAP (₦)66,159,144,505,720.02One Day (ASI CHG)+0.54%
Index105,305.25One Week (ASI CHG)+1.40%
Volume744,802,985One Month (ASI CHG)-0.23%
Value (₦)18,284,395,721.40Six Months (ASI CHG)+6.70%
Deals11,22652 Weeks (ASI CHG)+7.32%
Gainers34Losers16
Unchanged73Total123
 YTD Returns+2.31% 

Source: Ngxgroup.com, GTI Research

Sector Performance

SecurityChange (%) 
ASI+0.54
NGX30+0.54
NGXBNK+2.93
NGXCNSMRGDS+1.25
NGXINDUSTR 0.00
NGXINS -0.81
NGXLOTUSISLM+0.46
NGXOILGAS -0.09

Top 7 Gainers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
ABCTRANS1.421.560.149.86
VFDGROUP15.6017.101.509.62
LEARNAFRCA3.253.560.319.54
REGALINS0.530.580.059.43
AFRIPRUD13.9015.101.208.63
OMATEK0.580.630.058.62
DANGSUGAR33.0035.802.808.48

Top 7 Losers

SecurityPrevious Close (₦)Close Price (₦)Change Price (₦)Change (%)
TRIPPLEG2.201.98-0.22-10.00
MRS174.90157.50-17.40-9.95
ABBEYBDS9.768.79-0.97-9.94
JOHNHOLT7.757.00-0.75-9.68
AUSTINLAZ2.091.89-0.20-9.57
CORNERST2.842.63-0.21-7.39
CILEASING3.373.16-0.21-6.23

Top 7 Traded Stocks by Volume

SecurityClose Price (₦)Number of TradesVolume
FIDELITYBK20.25614388,768,920
GTCO61.0052947,002,457
UNIVINSURE0.519841,915,551
ACCESSCORP23.7090630,549,507
TANTALIZER2.3010622,945,474
ZENITHBANK45.1061017,096,558
VFDGROUP17.1025314,588,305

Top 7 Traded Stocks by Value

SecurityClose Price (₦)Number of TradesValue (₦)
FIDELITYBK20.256147,754,688,277.90
GTCO61.005292,863,232,164.70
MTNN239.003902,399,901,440.50
ZENITHBANK45.10610771,573,400.40
ACCESSCORP23.70906705,589,996.05
NB39.80596581,735,520.25
WAPCO72.00102348,719,199.75

OUTLOOK

Trading activities sustained the strong momentum seen at the start of the week following the Easter break, driven by renewed buying interest across key sectors. This positive sentiment pushed the All-Share Index (ASI) above the 105,000 basis points mark once again. The uptrend was largely influenced by increased activity in the financial and consumer goods sectors. With cautious optimism shaping investor behavior, the current bullish swing is expected to persist in the near term, as market participants continue to reassess value opportunities and rebalance their portfolios accordingly.

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