Valmon Securities

MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 498.48million shares were traded in 14,916 deals, with a market value of N10.782billion. This represents a 20% increase in volume, a 1% increase in value, and a 11% decrease in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 68.36trillion, while the All-Share Index (ASI) closed at 108,762.61basis points, reflecting an increase of 501.14basis points (0.46%) but a YTD increase of 5.67% from the previous day’s 108,261.47basis points.
In total, 128 NGX listed equities participated in trading, ending with 40 gainers and 25 losers. Oando led the gainers with 10% share price appreciation closing at NGN 49.50 per share, followed by Chellarams (+10%), Transcorp Nigeria (+9.99%) and Beta Glass Company (+9.96%). On the losing side, Haldane McCall came out last with an end-of-day price depreciation of 9.85% at NGN 4.21 per share, followed by Academy Press (-7.33%), UPDC (-6.25%) and Associated Bus Company (-6.13%). Tantalizers recorded the highest volume of 57.8 million traded shares, followed by Access Holdings (36.8m), Guaranty Trust Holding (31.8m) and Fidelity Bank (23.4m).

Top Gainers

Symbol

Last Close (NGN)

Current Price (NGN)

Change (NGN)

% Change

CHELLARAM

N 10.40

N 11.44

1.04

10.00 %

OANDO

N 45.00

N 49.50

4.50

10.00 %

TRANSCORP

N 42.05

N 46.25

4.20

9.99 %

BETAGLAS

N 176.70

N 194.30

17.60

9.96 %

CAVERTON

N 3.35

N 3.68

0.33

9.85 %

Top Losers

Symbol

Last Close (NGN)

Current Price (NGN)

Change (NGN)

% Change

HMCALL

N 4.67

N 4.21

-0.46

-9.85 %

ACADEMY

N 4.64

N 4.30

-0.34

-7.33 %

UPDC

N 3.20

N 3.00

-0.20

-6.25 %

ABCTRANS

N 3.10

N 2.91

-0.19

-6.13 %

NPFMCRFBK

N 2.14

N 2.03

-0.11

-5.14 %

COMPANY DISCLOSURES

Here is a summarized table of the disclosures:

Company

Disclosures

Date Submitted

UNITED CAPITAL PLC

UNITED CAPITAL PLC DIRECTORSDEALINGS

May 13th 2025

AIRTEL AFRICA PLC

AIRTEL AFRICA PLC-DIRECTORATE CHANGE

May 13th 2025

 

Market Insights Courtesy of:
Nigerian Exchange Ltd & Valmon Securities Limited Research Department (2025)

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