MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 729.88million shares were traded in 14,743 deals, with a market value of N13.879billion. This represents a 37% increase in volume, a 30% decrease in value, and a 1% decrease in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 68.80trillion, while the All-Share Index (ASI) closed at 109,467.64basis points, reflecting an increase of 408.31basis points (0.37%) but a YTD increase of 6.36% from the previous day’s 109,059.33basis points.
In total, 128 NGX listed equities participated in trading, ending with 36 gainers and 23 losers. Nestle Nigeria led the gainers with 10% share price appreciation closing at NGN 1,331.00 per share, followed by Honeywell Flour Mill (+10%), Beta Glass Company (+9.98%) and NPF Microfinance Bank (+9.81%). On the losing side, Multiverse Mining & Exploration came out last with an end-of-day price depreciation of 9.64% at NGN 8.90 per share, followed by Wapic Insurance (-4.74%), Lasaco Assurance (-4.53%) and May & Baker Nigeria (-3.82%). FCMB Group recorded the highest volume of 273 million traded shares, followed by Fidelity Bank (43.5m), Caverton Offshore Support Group (35.1m) and Aiico Insurance (33.9m).
Top Losers
Symbol | Last Close (NGN) | Current Price (NGN) | Change (NGN) | % Change |
N 9.85 | N 8.90 | -0.95 | -9.64 % | |
N 2.11 | N 2.01 | -0.10 | -4.74 % | |
N 2.43 | N 2.32 | -0.11 | -4.53 % | |
N 13.10 | N 12.60 | -0.50 | -3.82 % | |
N 1.66 | N 1.60 | -0.06 | -3.61 % |
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 15th 2025 | ||
May 15th 2025 | ||
May 15th 2025 | ||
MULTIVERSE MINING AND EXPLORATION PLC-NOTICE OF ANNUAL GENERAL MEETING | May 15th 2025 | |
May 15th 2025 | ||
JAPAUL GOLD AND VENTURES PLC- NOTICES OF ANNUAL GENERAL MEETING (AGM) – | May 15th 2025 |
Market Insights Courtesy of:
Nigerian Exchange Ltd & Valmon Securities Limited Research Department (2025)