MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 1.462Million shares were traded in 16,410 deals, with a market value of N33.4740billion. This represents a 58% increase in volume, a 101% increase in value, and a 20% increase in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 72.28trillion, while the All-Share Index (ASI) closed at 114,616.75basis points, reflecting an increase of 1,835.02basis points (1.63%) but a YTD increase of 9.58% from the previous day’s 112,781.73basis points.
In total, 128 NGX listed equities participated in trading, ending with 32 gainers and 21 losers. Oando led the gainers with 10% share price appreciation closing at NGN 51.70 per share, followed by Union Homes Real Estate Inv. (+9.96%), Royal Exchange (+8.64%) and Legend Internet (+7.27%). On the losing side, NCR Nigeria came out last with an end-of-day price depreciation of 9.89% at NGN 5.92 per share, followed by Associated Bus Company (-9.83%), Meyer (-9.63%) and Academy Press (-9.58%). Fidelity Bank recorded the highest volume of 93.5 million traded shares, followed by Guaranty Trust Holding (87.2m), Royal Exchange (73.1m) and United Bank for Africa (57.1m).
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:
Market Insights Courtesy of:
Nigerian Exchange Ltd & Valmon Securities Limited Research Department (2025)