Valmon Securities

MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 428.08million shares were traded in 14,284 deals, with a market value of N20.175billion. This represents a 30% increase in volume, a 95% increase in value, and a 18% increase in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 66.47trillion, while the All-Share Index (ASI) closed at 105,752.61basis points, reflecting a decrease of 321.65basis points (0.30%) but a YTD increase of 2.75% from the previous day’s 106,074.26basis points.
In the aggregate, 128 NGX listed equities participated in trading, ending with 40 gainers and 16 losers. Ikeja Hotel led the gainers with 10% share price appreciation closing at NGN 12.10 per share, followed by International Breweries (+10%), Legend Internet (+10%) and Vitafoam Nigeria (+9.93%). On the losing side, Dangote Cement came out last with an end-of-day price depreciation of 10% at NGN 432.00 per share, followed by Regency Alliance Insurance (-8.06%), VFD Group (-7.57%) and Chams (-7.27%). Guaranty Trust Holding recorded the highest volume of 60.7 million traded shares, followed by Fidelity Bank (41.4m), Access Holdings (40.6m) and MTN Nigeria (33m).

Top Gainers

Symbol

Last Close (NGN)

Current Price (NGN)

Change (NGN)

% Change

LEGENDINT

N 6.20

N 6.82

0.62

10.00 %

IKEJAHOTEL

N 11.00

N 12.10

1.10

10.00 %

INTBREW

N 7.00

N 7.70

0.70

10.00 %

VITAFOAM

N 40.80

N 44.85

4.05

9.93 %

ETERNA

N 36.30

N 39.90

3.60

9.92 %

Top Losers

Symbol

Last Close (NGN)

Current Price (NGN)

Change (NGN)

% Change

DANGCEM

N 480.00

N 432.00

-48.00

-10.00 %

REGALINS

N 0.62

N 0.57

-0.05

-8.06 %

VFDGROUP

N 18.50

N 17.10

-1.40

-7.57 %

CHAMS

N 2.20

N 2.04

-0.16

-7.27 %

SOVRENINS

N 0.98

N 0.92

-0.06

-6.12 %

NIGERIAN ECONOMIC INDICATORS

Indicator

Rate

Inflation Rate

24.23% (March 2025)

Exchange Rate (NGN/USD)

N 1,608.15  (23/04/2025)

MPR

27.50% (March 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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