Valmon Securities

MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 721.75Million shares were traded in 22,100 deals, with a market value of N22.011billion. This represents a 23% decrease in volume, a 23% increase in value, and a 8% increase in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 72.68trillion, while the All-Share Index (ASI) closed at 115,258.77basis points, reflecting a decrease of 170.37basis points (0.15%) but a YTD decrease of 11.98% from the previous day’s 115,429.54basis points.
In total,  125 NGX listed equities participated in trading, ending with 21 gainers and 43 losers. Guinea Insurance led the gainers with 10% share price appreciation closing at NGN 0.77 per share, followed by Ellah Lakes (+9.93%), Legend Internet (+9.87%) and Royal Exchange (+9.68%). On the losing side, Northern Nigeria Flour Mills came out last with an end-of-day price depreciation of 10% at NGN 101.30 per share, followed by C&I Leasing (-9.68%), University Press (-9.27%) and Deap Capital Management & Trust (-8.99%). Access Holdings recorded the highest volume of 92.7 million traded shares, followed by United Bank for Africa (91.4m), Zenith Bank (76.8m) and Fidelity Bank (50m).

TOP 5 ADVANCERS

Symbols

Last Close

Current

Change

%Change

GUINEAINS

N 0.70

N 0.77

0.07

10.00 %

ELLAHLAKES

N 4.33

N 4.76

0.43

9.93 %

LEGENDINT

N 7.09

N 7.79

0.70

9.87 %

ROYALEX

N 0.93

N 1.02

0.09

9.68 %

FIDSON

N 38.40

N 42.10

3.70

9.64 %

TOP 5 DECLINERS

Symbols

Last Close

Current

Change

%Change

NNFM

N 112.55

N 101.30

-11.25

-10.00 %

CILEASING

N 4.65

N 4.20

-0.45

-9.68 %

UPL

N 5.50

N 4.99

-0.51

-9.27 %

DEAPCAP

N 0.89

N 0.81

-0.08

-8.99 %

LEARNAFRCA

N 4.15

N 3.80

-0.35

-8.43 %

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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