MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 512.17Million shares were traded in 16,711 deals, with a market value of N17.116billion. This represents a 25% increase in volume, a 73% increase in value, and a 5% increase in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 70.56trillion, while the All-Share Index (ASI) closed at 111,902.61basis points, reflecting an increase of 296.39basis points (0.27%) but a YTD increase of 8.72% from the previous day’s 111,606.22basis points.
In total, 128 NGX listed equities participated in trading, ending with 39 gainers and 28 losers. University Press led the gainers with 10% share price appreciation closing at NGN 5.61 per share, followed by Learn Africa (+10%), Northern Nigeria Flour Mills (+9.98%) and Honeywell Flour Mill (+9.95%). On the losing side, Academy Press came out last with an end-of-day price depreciation of 10% at NGN 4.05 per share, followed by Abbey Mortgage Bank (-9.96%), Skyway Aviation Handling Co. (-9.94%) and Nigerian Enamelware (-9.88%). Japaul Gold and Ventures recorded the highest volume of 58.9 million traded shares, followed by Fidelity Bank (48.2m), Custodian & Allied (37.5m) and Guaranty Trust Holding (29.5m).
Top Gainers
Symbol | Last Close (NGN) | Current Price (NGN) | Change (NGN) | % Change |
N 4.10 | N 4.51 | 0.41 | 10.00 % | |
N 5.10 | N 5.61 | 0.51 | 10.00 % | |
N 118.70 | N 130.55 | 11.85 | 9.98 % | |
N 19.10 | N 21.00 | 1.90 | 9.95 % | |
N 0.71 | N 0.78 | 0.07 | 9.86 % |
Top Losers
Symbol | Last Close (NGN) | Current Price (NGN) | Change (NGN) | % Change |
N 4.50 | N 4.05 | -0.45 | -10.00 % | |
N 7.63 | N 6.87 | -0.76 | -9.96 % | |
N 66.40 | N 59.80 | -6.60 | -9.94 % | |
N 25.30 | N 22.80 | -2.50 | -9.88 % | |
N 8.90 | N 8.05 | -0.85 | -9.55 % |
NIGERIAN ECONOMIC INDICATORS
Indicator | Rate |
Inflation Rate | 24.23% (April 2025) |
Exchange Rate (NGN/USD) | N 1,606.54 (28/04/2025) |
MPR | 27.50% (APRIL 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 |
ABBEY MORTGAGE BANK PLC-RESOLUTIONS PASSED AT THE 33RD ANNUAL GENERAL MEETING | May 28th 2025 | |
May 28th 2025 | ||
May 28th 2025 | ||
May 28th 2025 | ||
AIICO INSURANCE PLC.- NOTICES OF ANNUAL GENERAL MEETING (AGM) – | May 28th 2025 | |
MTN NIGERIA COMMUNICATIONS PLC-GCR AFFIRMS AAA RATINGS; OUTLOOK UPGRADED TO STABLE + CFN | May 28th 2025 |
Market Insights Courtesy of:
Nigerian Exchange Ltd & Valmon Securities Limited Research Department (2025)