Valmon Securities

MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 681.24Million shares were traded in 26,931 deals, with a market value of N17.017billion. This represents a 12% decrease in volume, a 36% decrease in value, and a 18% decrease in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN83.86trillion, while the All-Share Index (ASI) closed at 132,557.43basis points, reflecting an increase of 105.70basis points (0.08%) but a YTD increase of 28.79% from the previous day’s 132,451.73basis points.
In total, 128 NGX listed equities participated in trading, ending with 29 gainers and 37 losers. Academy Press led the gainers with 10% share price appreciation closing at NGN 7.70 per share, followed by The Initiates (+9.98%), Ikeja Hotel (+9.95%) and Nigerian Enamelware (+9.84%). On the losing side, Austin Laz & Company came out last with an end-of-day price depreciation of 10% at NGN 2.34 per share, followed by Tripple Gee & Co. (-9.95%), Omatek Ventures (-9.72%) and Daar Communications (-9.64%). Access Holdings recorded the highest volume of 98.6 million traded shares, followed by Ellah Lakes (61.1m), Japaul Gold and Ventures (49.2m) and Royal Exchange (43.8m).

ADVANCERS

Symbols

Last Close

Current

Change

%Change

ACADEMY

N 7.00

N 7.70

0.70

10.00 %

TIP

N 12.13

N 13.34

1.21

9.98 %

IKEJAHOTEL

N 19.10

N 21.00

1.90

9.95 %

ENAMELWA

N 22.35

N 24.55

2.20

9.84 %

NAHCO

N 106.70

N 117.00

10.30

9.65 %

DECLINERS

Symbols

Last Close

Current

Change

%Change

AUSTINLAZ

N 2.60

N 2.34

-0.26

-10.00 %

TRIPPLEG

N 4.32

N 3.89

-0.43

-9.95 %

OMATEK

N 1.44

N 1.30

-0.14

-9.72 %

DAARCOMM

N 0.83

N 0.75

-0.08

-9.64 %

GUINEAINS

N 0.99

N 0.90

-0.09

-9.09 %

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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