MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 376.29million shares were traded in 11,204 deals, with a market value of N7.906billion. This represents a 7% decrease in volume, a 42% decrease in value, and a 8% decrease in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 65.50trillion, while the All-Share Index (ASI) closed at 104,233.81 basis points, reflecting an increase of 381.93basis points (0.37%) but a YTD increase of 1.28% from the previous day’s 103,851.88basis points.
On the trading day under review, a total of 127 equities listed on the Nigerian Exchange (NGX) participated in trading activities. The session ended with 23 gainers and 25 losers. Abbey Mortgage Bank led the gainers with a 9.94% increase, closing at NGN 8.96 per share. It was followed by Nigerian Breweries (+9.86%), Associated Bus Company (+9.23%), and Livestock Feeds (+9.2%). On the losing side, Sunu Assurances Nigeria recorded the steepest decline of 9.91%, closing at NGN 5.00 per share. Other notable losers included Ellah Lakes (-9.76%), Cornerstone Insurance Company (-9.44%), and Sovereign Trust Insurance (-9.18%). In terms of trading volume, Universal Insurance Company topped the chart with 89.3 million shares traded, followed by Fidelity Bank with 49.5 million shares, Access Holdings with 32.9 million, and Zenith Bank with 15.6 million shares.
Top Losers
Symbol | Last Close (NGN) | Current Price (NGN) | Change (NGN) | % Change |
N 5.55 | N 5.00 | -0.55 | -9.91 % | |
N 3.38 | N 3.05 | -0.33 | -9.76 % | |
N 2.86 | N 2.59 | -0.27 | -9.44 % | |
N 0.98 | N 0.89 | -0.09 | -9.18 % | |
N 0.53 | N 0.49 | -0.04 | -7.55 % |
NIGERIAN ECONOMIC INDICATORS
Indicator | Rate |
Inflation Rate | 24.23% (March 2025) |
Exchange Rate (WAR/USD) | N1,602.93 (17/04/2025) |
MPR | 27.50% (Feb 2025) |
Foreign Reserves (Gross) | $38.5 billion (March 2025) |
Bonny Light Crude | $67.55 (17/04/2025) |
GDP Q1 2025 | 3.60% |
(Source: CBN, unless otherwise stated)
COMPANY DISCLOSURES
Here is a summarized table of the disclosures:
Company | Disclosures | Date Submitted |
April 17th 2025 | ||
April 17th 2025 | ||
April 17th 2025 | ||
OKOMU OIL PALM PLC.- NOTICES OF ANNUAL GENERAL MEETING (AGM) – | April 17th 2025 | |
April 17th 2025 | ||
April 17th 2025 | ||
April 17th 2025 | ||
April 17th 2025 | ||
STANBIC IBTC HOLDINGS PLC- NOTICES OF ANNUAL GENERAL MEETING (AGM) – | April 17th 2025 | |
April 17th 2025 | ||
NIGERIAN BREWERIES PLC.- QUARTER 1 – FINANCIAL STATEMENT FOR 2025 | April 17th 2025 |
Market Insights Courtesy of:
Nigerian Exchange Ltd & Valmon Securities Limited Research Department (2025)