MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 1.049Billion shares were traded in 21,964 deals, with a market value of N12.174billion. This represents a 99% increase in volume, a 8% increase in value, and a 2% increase in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 76.18trillion, while the All-Share Index (ASI) closed at 120,339.9basis points, reflecting an increase of 598.67basis points (0.50%) but a YTD increase of 16.92% from the previous day’s 119,741.23basis points.
In total, 128 NGX listed equities participated in trading, ending with 60 gainers and 16 losers. Ellah Lakes led the gainers with 10% share price appreciation closing at NGN 9.24 per share, followed by C&I Leasing (+10%), Cutix (+10%) and International Energy Insurance (+10%). On the losing side, Deap Capital Management & Trust came out last with an end-of-day price depreciation of 9.09% at NGN 1.00 per share, followed by John Holt (-5.41%), Dangote Sugar Refinery (-5.32%) and Universal Insurance Company (-4.76%). Royal Exchange recorded the highest volume of 219 million traded shares, followed by Japaul Gold and Ventures (174m), Ellah Lakes (83.5m) and Wema Bank (71.1m).
ADVANCERS
Symbols | Last Close | Current | Change | %Change |
N 4.60 | N 5.06 | 0.46 | 10.00 % | |
N 1.70 | N 1.87 | 0.17 | 10.00 % | |
N 0.60 | N 0.66 | 0.06 | 10.00 % | |
N 3.60 | N 3.96 | 0.36 | 10.00 % | |
N 1.80 | N 1.98 | 0.18 | 10.00 % |
DECLINERS
Symbols | Last Close | Current | Change | %Change |
N 1.10 | N 1.00 | -0.10 | -9.09 % | |
N 7.40 | N 7.00 | -0.40 | -5.41 % | |
N 47.00 | N 44.50 | -2.50 | -5.32 % | |
N 0.63 | N 0.60 | -0.03 | -4.76 % | |
N 54.95 | N 52.35 | -2.60 | -4.73 % |
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 |
July 2nd 2025 | ||
July 2nd 2025 | ||
CHEMICAL AND ALLIED PRODUCTS PLC- NOTICES OF BOARD MEETING (BM) – NOTICE | July 2nd 2025 | |
July 2nd 2025 | ||
MORISON INDUSTRIES PLC.- NOTICES OF BOARD MEETING (BM) – NOTICE | July 2nd 2025 | |
UNITED BANK FOR AFRICA PLC- NOTICES OF BOARD MEETING (BM) – NOTICE | July 2nd 2025 | |
RONCHESS GLOBAL RESOURCES PLC-BOARD RESOLUTION OF CHANGE OF COMPANY SECRETARY | July 2nd 2025 | |
IKEJA HOTEL PLC-IKEJA HOTEL PLC- NOTICE OF CLOSE PERIOD JULY 2025 | July 2nd 2025 | |
July 2nd 2025 | ||
July 2nd 2025 | ||
July 2nd 2025 | ||
July 2nd 2025 | ||
AFRICA PRUDENTIAL PLC- NOTICES OF BOARD MEETING (BM) – NOTICE | July 2nd 2025 | |
NIGERIAN AVIATION HANDLING COMPANY PLC- NOTICES OF BOARD MEETING (BM) – NOTICE | July 2nd 2025 |
Market Insights Courtesy of:
Nigerian Exchange Ltd & Valmon Securities Limited Research Department (2025)