MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 475.56million shares were traded in 17,575 deals, with a market value of N13.899billion. This represents a 16% decrease in volume, a 27% decrease in value, and a 6% decrease in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 68.11trillion, while the All-Share Index (ASI) closed at 108,362.10basis points, reflecting an increase of 1,662.60basis points (1.56%) but a YTD increase of 5.28% from the previous day’s 106,698.50basis points.
In total, 126 NGX listed equities participated in trading, ending with 42 gainers and 25 losers. Nestle Nigeria led the gainers with 10% share price appreciation closing at NGN 1,210.00 per share, followed by Northern Nigeria Flour Mills (+10%), Ecobank Transnational (+10%) and Beta Glass Company (+9.98%). On the losing side, Guinea Insurance came out last with an end-of-day price depreciation of 8.7% at NGN 0.63 per share, followed by Daar Communications (-6.78%), VFD Group (-6.59%) and Wapic Insurance (-6.07%). Access Holdings recorded the highest volume of 104 million traded shares, followed by Guaranty Trust Holding (38m), United Bank for Africa (30.7m) and Sterling Bank (27.2m).
Top Gainers
Symbol | Last Close (NGN) | Current Price (NGN) | Change (NGN) | % Change |
N 75.00 | N 82.50 | 7.50 | 10.00 % | |
N 23.50 | N 25.85 | 2.35 | 10.00 % | |
N 1100.00 | N 1210.00 | 110.00 | 10.00 % | |
N 120.75 | N 132.80 | 12.05 | 9.98 % | |
N 6.35 | N 6.95 | 0.60 | 9.45 % |
NIGERIAN ECONOMIC INDICATORS
Indicator | Rate |
Inflation Rate | 24.23% (March 2025) |
Exchange Rate (NGN/USD) | N 1,606.54 (28/04/2025) |
MPR | 27.50% (March 2025) |
Foreign Reserves (Gross) | $38.5 billion (March 2025) |
Crude Oil Price (Bonny Light) – US$/Barrel | $ $76.13 (22/04/2025) |
GDP Q1 2025 | 3.60% |
(Source: CBN, unless otherwise stated)
COMPANY DISCLOSURES
Here is a summarized table of the disclosures:
Company | Disclosures | Date Submitted |
May 6th 2025 | ||
UNITED CAPITAL PLC-INVITATION TO Q1-2025 INVESTORS AND ANALYSTS CALL | May 6th 2025 | |
NESTLE NIGERIA PLC.-NOTICE OF PUBLICATION OF 2024 UNCLAIMED DIVIDEND | May 6th 2025 | |
ECOBANK TRANSNATIONAL INCORPORATED-ANNUAL GENERAL MEETING NOTICE | May 6th 2025 | |
LEGEND INTERNET PLC-GENERAL ANNOUNCEMENT – POST LISTING UPDATE | May 6th 2025 | |
MULTIVERSE MINING AND EXPLORATION PLC-CORPORATE ACTION DISCLOSURES | May 6th 2025 | |
May 6th 2025 | ||
May 6th 2025 | ||
May 6th 2025 |
Market Insights Courtesy of:
Nigerian Exchange Ltd & Valmon Securities Limited Research Department (2025)