MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 527.08Million shares were traded in 21,546 deals, with a market value of N11.28billion. This represents a 74% decrease in volume, a 75% 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 75.80trillion, while the All-Share Index (ASI) closed at 119,741.23basis points, reflecting a decrease of 237.34basis points (0.20%) but a YTD decrease of 16.34% from the previous day’s 119,978.57basis points.
In total, 129 NGX listed equities participated in trading, ending with 47 gainers and 23 losers. Honeywell Flour Mill led the gainers with 10% share price appreciation closing at NGN 23.65 per share, followed by RT Briscoe (+10%), McNichols (+10%) and Mutual Benefits Assurance (+10%). On the losing side, University Press came out last with an end-of-day price depreciation of 10% at NGN 5.04 per share, followed by SCOA Nigeria (-9.83%), Thomas Wyatt Nigeria (-9.57%) and PZ Cussons Nigeria (-7.89%). Ellah Lakes recorded the highest volume of 46.1 million traded shares, followed by UPDC (38.5m), Universal Insurance Company (30.4m) and Nigerian Breweries (28.9m).
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)