Valmon Securities

MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 471.15Million shares were traded in 20,538 deals, with a market value of N14,188billion. This represents a 28% decrease in volume, a 25% decrease in value, and a 14% decrease in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 72.30trillion, while the All-Share Index (ASI) closed at 114,659.11basis points, reflecting an increase of 641.63basis points (0.56%) but a YTD increase of 11.40% from the previous day’s 114,017.48basis points.
In total,  127 NGX listed equities participated in trading, ending with 31 gainers and 28 losers. Beta Glass Company led the gainers with 10% share price appreciation closing at NGN 231.10 per share, followed by Associated Bus Company (+10%), Berger Paints (+9.98%) and Fidson Healthcare (+9.91%). On the losing side, Abbey Mortgage Bank came out last with an end-of-day price depreciation of 7.5% at NGN 5.55 per share, followed by NCR Nigeria (-7.09%), Vitafoam Nigeria (-6.64%) and Daar Communications (-6.06%). FCMB Group recorded the highest volume of 40.3 million traded shares, followed by United Bank for Africa (36.5m), Access Holdings (35.1m) and Zenith Bank (28.7m).

TOP 5 ADVANCERS

Symbols

Last Close

Current

Change

%Change

ABCTRANS

N 2.40

N 2.64

0.24

10.00 %

BETAGLAS

N 210.10

N 231.10

21.00

10.00 %

BERGER

N 22.55

N 24.80

2.25

9.98 %

FIDSON

N 31.80

N 34.95

3.15

9.91 %

LEGENDINT

N 5.87

N 6.45

0.58

9.88 %

TOP 5 DECLINERS

Symbols

Last Close

Current

Change

%Change

ABBEYBDS

N 6.00

N 5.55

-0.45

-7.50 %

NCR

N 5.92

N 5.50

-0.42

-7.09 %

VITAFOAM

N 64.80

N 60.50

-4.30

-6.64 %

DAARCOMM

N 0.66

N 0.62

-0.04

-6.06 %

NESTLE

N 1590.50

N 1500.00

-90.50

-5.69 %

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)

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