MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 431.78million shares were traded in 16,400 deals, with a market value of N8.599billion. This represents a 41% decrease in volume, a 38% decrease in value, and a 11% increase in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 68.95trillion, while the All-Share Index (ASI) closed at 109,710.37basis points, reflecting an increase of 242.73basis points (0.22%) but a YTD increase of 6.59% from the previous day’s 109,467.64basis points.
In total, 130 NGX listed equities participated in trading, ending with 36 gainers and 21 losers. Northern Nigeria Flour Mills led the gainers with 10% share price appreciation closing at NGN 119.90 per share, followed by Honeywell Flour Mill (+10%), Champion Breweries (+10%) and Trans-Nationwide Express (+10%). On the losing side, International Energy Insurance came out last with an end-of-day price depreciation of 9.57% at NGN 1.70 per share, followed by Multiverse Mining & Exploration (-9.55%), The Initiates (-7.86%) and University Press (-7.37%). Access Holdings recorded the highest volume of 32 million traded shares, followed by Guaranty Trust Holding (30.9m), Aiico Insurance (28.9m) and Universal Insurance Company (25m).
Top Losers
Symbol | Last Close (NGN) | Current Price (NGN) | Change (NGN) | % Change |
N 1.88 | N 1.70 | -0.18 | -9.57 % | |
N 8.90 | N 8.05 | -0.85 | -9.55 % | |
N 7.38 | N 6.80 | -0.58 | -7.86 % | |
N 4.75 | N 4.40 | -0.35 | -7.37 % | |
N 0.59 | N 0.55 | -0.04 | -6.78 % |
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 |
PRESTIGE ASSURANCE PLC- NOTICES OF BOARD MEETING (BM) – NOTICE | May 16th 2025 | |
May 16th 2025 | ||
May 16th 2025 | ||
May 16th 2025 | ||
May 16th 2025 | ||
May 16th 2025 |
Market Insights Courtesy of:
Nigerian Exchange Ltd & Valmon Securities Limited Research Department (2025)