Valmon Securities

MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 517.95Million shares were traded in 17,019 deals, with a market value of N10.070billion. This represents a 73% decrease in volume, a 84% decrease in value, and a 9% decrease in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 70.64trillion, while the All-Share Index (ASI) closed at 112,015.95basis points, reflecting an increase of 273.94basis points (0.25%) but a YTD increase of 8.84% from the previous day’s 111,742.01basis points.
In total, 127 NGX listed equities participated in trading, ending with 23 gainers and 36 losers. Multiverse Mining & Exploration led the gainers with 9.87% share price appreciation closing at NGN 8.35 per share, followed by Livestock Feeds (+9.57%), Lasaco Assurance (+8.11%) and Neimeth International Pharma (+8.06%). On the losing side, Legend Internet came out last with an end-of-day price depreciation of 9.9% at NGN 5.55 per share, followed by Secure Electronic Technology (-9.84%), E-Tranzact International (-9.56%) and University Press (-9.32%). Fidelity Bank recorded the highest volume of 98.8 million traded shares, followed by Royal Exchange (58.4m), Access Holdings (55.2m) and Cutix (32.3m).

Top Gainers

Symbol

Last Close (NGN)

Current Price (NGN)

Change (NGN)

% Change

MULTIVERSE

N 7.60

N 8.35

0.75

9.87 %

LIVESTOCK

N 9.40

N 10.30

0.90

9.57 %

LASACO

N 2.59

N 2.80

0.21

8.11 %

NEIMETH

N 3.10

N 3.35

0.25

8.06 %

ROYALEX

N 0.80

N 0.86

0.06

7.50 %

Top Losers

Symbol

Last Close (NGN)

Current Price (NGN)

Change (NGN)

% Change

LEGENDINT

N 6.16

N 5.55

-0.61

-9.90 %

NSLTECH

N 0.61

N 0.55

-0.06

-9.84 %

ETRANZACT

N 6.80

N 6.15

-0.65

-9.56 %

UPL

N 5.90

N 5.35

-0.55

-9.32 %

MCNICHOLS

N 2.60

N 2.41

-0.19

-7.31 %

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

AIRTEL AFRICA PLC

AIRTEL AFRICA PLC-FINAL DIVIDEND CURRENCY EXCHANGE RATES

June 2nd 2025

HALDANE MCCALL PLC

HALDANE MCCALL PLC DIRECTORSDEALINGS

June 2nd 2025

ARADEL HOLDINGS PLC

ARADEL HOLDINGS PLC DIRECTORSDEALINGS

June 2nd 2025

P Z CUSSONS NIGERIA PLC.

P Z CUSSONS NIGERIA PLC.- NOTICES OF BOARD MEETING (BM) – NOTICE

June 2nd 2025

VFD GROUP PLC

VFD GROUP PLC DIRECTORSDEALINGS

June 2nd 2025

VFD GROUP PLC

VFD GROUP PLC DIRECTORSDEALINGS

June 2nd 2025

VFD GROUP PLC

VFD GROUP PLC DIRECTORSDEALINGS

June 2nd 2025

VFD GROUP PLC

VFD GROUP PLC DIRECTORSDEALINGS

June 2nd 2025

VFD GROUP PLC

VFD GROUP PLC DIRECTORSDEALINGS

June 2nd 2025

AIRTEL AFRICA PLC

AIRTEL AFRICA PLC-NOTIFICATION OF TRANSACTION IN OWN SHARES

June 2nd 2025

VFD GROUP PLC

VFD GROUP PLC DIRECTORSDEALINGS

June 2nd 2025

VFD GROUP PLC

VFD GROUP PLC DIRECTORSDEALINGS

June 2nd 2025

VFD GROUP PLC

VFD GROUP PLC DIRECTORSDEALINGS

June 2nd 2025

VFD GROUP PLC

VFD GROUP PLC DIRECTORSDEALINGS

June 2nd 2025

VFD GROUP PLC

VFD GROUP PLC DIRECTORSDEALINGS

June 2nd 2025

VFD GROUP PLC

VFD GROUP PLC DIRECTORSDEALINGS

June 2nd 2025

VFD GROUP PLC

VFD GROUP PLC DIRECTORSDEALINGS

June 2nd 2025

ACCESS HOLDINGS PLC

ACCESS HOLDINGS PLC – ACQUISITION OF NATIONAL BANK OF KENYA LIMITED

June 2nd 2025

LEGEND INTERNET PLC

LEGEND INTERNET PLC- QUARTER 3 – FINANCIAL STATEMENT FOR 2025

June 2nd 2025

SOVEREIGN TRUST INSURANCE PLC

SOVEREIGN TRUST INSURANCE PLC – AUDITED FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER 2024

June 2nd 2025

 

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

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