MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 459.21million shares were traded in 15,723 deals, with a market value of N11.165billion. This represents a 17% decrease in volume, a 22% 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 68.34trillion, while the All-Share Index (ASI) closed at 108,733.40basis points, reflecting an increase of 498.56basis points (0.46%) but a YTD increase of 5.64% from the previous day’s 109,231.96basis points.
In total, 126 NGX listed equities participated in trading, ending with 34 gainers and 32 losers. Sterling Bank led the gainers with 10% share price appreciation closing at NGN 6.05 per share, followed by Associated Bus Company (+10%), Chellarams (+9.94%) and Academy Press (+9.92%). On the losing side, Transcorp Power came out last with an end-of-day price depreciation of 9.98% at NGN 328.50 per share, followed by Haldane McCall (-9.57%), Meyer (-9.09%) and Regency Alliance Insurance (-6.78%). Tantalizers recorded the highest volume of 101 million traded shares, followed by Guaranty Trust Holding (51.3m), Access Holdings (45.2m) and Zenith Bank (21.8m).
Top Gainers
Symbol | Last Close (NGN) | Current Price (NGN) | Change (NGN) | % Change |
N 5.50 | N 6.05 | 0.55 | 10.00 % | |
N 2.60 | N 2.86 | 0.26 | 10.00 % | |
N 9.46 | N 10.40 | 0.94 | 9.94 % | |
N 3.93 | N 4.32 | 0.39 | 9.92 % | |
N 5.05 | N 5.55 | 0.50 | 9.90 % |
Top Losers
Symbol | Last Close (NGN) | Current Price (NGN) | Change (NGN) | % Change |
N 364.90 | N 328.50 | -36.40 | -9.98 % | |
N 4.70 | N 4.25 | -0.45 | -9.57 % | |
N 8.80 | N 8.00 | -0.80 | -9.09 % | |
N 0.59 | N 0.55 | -0.04 | -6.78 % | |
N 5.35 | N 4.99 | -0.36 | -6.73 % |
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 |
LINKAGE ASSURANCE PLC-NOTICE OF DELAY IN FILING Q1, 2025 UFS | May 9th 2025 | |
SEPLAT ENERGY ANNOUNCEMENT OF CURRENCY EXCHANGE RATE FOR 2024 FINAL AND SPECIAL DIVIDEND | May 9th 2025 | |
May 9th 2025 | ||
May 9th 2025 | ||
May 9th 2025 | ||
May 9th 2025 |
Market Insights Courtesy of:
Nigerian Exchange Ltd & Valmon Securities Limited Research Department (2025)