Valmon Securities

NGX TRADING SUMMARY FOR FRIDAY, 2ND JANUARY, 2025

MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 439.95Billion shares were traded in 40,245 deals, with a market value of N24.971billion. This represents a 64% decrease in volume, a 29% decrease in value, and a 44% increase in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN99.94trillion, while the All-Share Index (ASI) closed at 156,492.36 basis points, reflecting an increase of 879.33basis points (0.57%) but a YTD increase of 48.99% from the previous day’s 155,613.03basis points.
In total, 129 NGX listed equities participated in trading, ending with 53 gainers and 10 losers. FTN Cocoa Processors led the gainers with 10% share price appreciation closing at NGN 5.50 per share, followed by Associated Bus Company (+10%), Mutual Benefits Assurance (+10%) and Deap Capital Management & Trust (+10%). On the losing side, Abbey Mortgage Bank came out last with an end-of-day price depreciation of 6.25% at NGN 6.00 per share, followed by FCMB Group (-4.56%), Seplat Petroleum Development Co. (-3.43%) and Guinea Insurance (-2.26%). Chams recorded the highest volume of 120 million traded shares, followed by Linkage Assurance (21.2m), Lasaco Assurance (19.5m) and Aradel Holdings (15.6m).

ADVANCERS

Symbols

Last Close

Current

Change

%Change

MBENEFIT

N3.10

N3.41

0.31

10.00%

FTNCOCOA

N5.00

N5.50

0.50

10.00%

ABCTRANS

N4.10

N4.51

0.41

10.00%

DEAPCAP

N1.90

N2.09

0.19

10.00%

ALEX

N21.65

N23.80

2.15

9.93%

DECLINERS

Symbols

Last Close

Current

Change

%Change

ABBEYBDS

N6.40

N6.00

-0.40

-6.25%

FCMB

N12.05

N11.50

-0.55

-4.56%

SEPLAT

N5809.00

N5610.00

-199.00

-3.43%

GUINEAINS

N1.33

N1.30

-0.03

-2.26%

UNIVINSURE

N1.21

N1.19

-0.02

-1.65%

NIGERIAN ECONOMIC INDICATORS

Indicator

Rate

Inflation Rate

14.45% (November 2025)

Exchange Rate (NGN/USD)

N 1,433.77 (02/01/2026)

MPR

27.% (November 2025)

Foreign Reserves (Gross)

$46.7 billion (November 2025)

Crude Oil Price (Bonny Light) – US$/Barrel

$63.74 (December/2025)

GDP Q2 2025

3.96%

(Source: CBN, unless otherwise stated)

COMPANY DISCLOSURES

Here is a summarized table of the disclosures:

Company

Disclosures

Date Submitted

GUARANTY TRUST HOLDING COMPANY PLC

GUARANTY TRUST HOLDING COMPANY PLC-TOTAL VOTING RIGHTS

January 2nd 2026

AIRTEL AFRICA PLC

AIRTEL AFRICA PLC-NOTIFICATION OF TRANSACTION IN OWN SHARES

January 2nd 2026

 

Market Insights Courtesy of:
Nigerian Exchange Ltd & Valmon Securities Limited Research Department (2025)

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