Valmon Securities

MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 556.45Million shares were traded in 18,505 deals, with a market value of N17.168billion. This represents a 9% increase in volume, a 0.3% increase in value, and a 10% increase in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 70.51trillion, while the All-Share Index (ASI) closed at 111,818.08basis points, reflecting a decrease of 84.53basis points (0.08%) but a YTD increase of 8.64% from the previous day’s 111,902.61basis points.
In total, 127 NGX listed equities participated in trading, ending with 41 gainers and 24 losers. Mutual Benefits Assurance led the gainers with 10% share price appreciation closing at NGN 1.10 per share, followed by University Press (+9.98%), Academy Press (+9.88%) and SCOA Nigeria (+9.62%). On the losing side, NPF Microfinance Bank came out last with an end-of-day price depreciation of 11.52% at NGN 2.15 per share, followed by Seplat Petroleum Development Co. (-10%), Legend Internet (-10%) and Abbey Mortgage Bank (-9.9%). United Bank for Africa recorded the highest volume of 82.6 million traded shares, followed by Fidelity Bank (70.6m), Nigerian Breweries (37.2m) and Tantalizers (36.3m).

Top Gainers

Symbol

Last Close (NGN)

Current Price (NGN)

Change (NGN)

% Change

MBENEFIT

N 1.00

N 1.10

0.10

10.00 %

UPL

N 5.61

N 6.17

0.56

9.98 %

ACADEMY

N 4.05

N 4.45

0.40

9.88 %

SCOA

N 4.47

N 4.90

0.43

9.62 %

LIVESTOCK

N 8.35

N 9.15

0.80

9.58 %

Top Losers

Symbol

Last Close (NGN)

Current Price (NGN)

Change (NGN)

% Change

LEGENDINT

N 7.60

N 6.84

-0.76

-10.00 %

SEPLAT

N 5516.00

N 4964.40

-551.60

-10.00 %

ABBEYBDS

N 6.87

N 6.19

-0.68

-9.90 %

OMATEK

N 0.78

N 0.71

-0.07

-8.97 %

LEARNAFRCA

N 4.51

N 4.23

-0.28

-6.21 %

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

MEYER PLC

MEYER PLC-MEYER PLC 2024 AGM

May 29th 2025

AIRTEL AFRICA PLC

AIRTEL AFRICA PLC-NOTIFICATION OF TRANSACTION IN OWN SHARES

May 29th 2025

NIGERIAN AVIATION HANDLING COMPANY PLC

NIGERIAN AVIATION HANDLING COMPANY PLC DIRECTORSDEALINGS

May 29th 2025

CUSTODIAN INVESTMENT PLC

CUSTODIAN INVESTMENT PLC DIRECTORSDEALINGS

May 29th 2025

NEIMETH INTERNATIONAL PHARMACEUTICALS PLC

NEIMETH INTERNATIONAL PHARMA PLC NOTICE OF ANNUAL GENERAL MEETING

May 29th 2025

VFD GROUP PLC

VFD GROUP PLC DIRECTORSDEALINGS

May 29th 2025

VFD GROUP PLC

VFD GROUP PLC DIRECTORSDEALINGS

May 29th 2025

VFD GROUP PLC

VFD GROUP PLC DIRECTORSDEALINGS

May 29th 2025

VFD GROUP PLC

VFD GROUP PLC DIRECTORSDEALINGS

May 29th 2025

VFD GROUP PLC

VFD GROUP PLC DIRECTORSDEALINGS

May 29th 2025

VFD GROUP PLC

VFD GROUP PLC DIRECTORSDEALINGS

May 29th 2025

VFD GROUP PLC

VFD GROUP PLC DIRECTORSDEALINGS

May 29th 2025

VFD GROUP PLC

VFD GROUP PLC DIRECTORSDEALINGS

May 29th 2025

VFD GROUP PLC

VFD GROUP PLC DIRECTORSDEALINGS

May 29th 2025

VFD GROUP PLC

VFD GROUP PLC DIRECTORSDEALINGS

May 29th 2025

VFD GROUP PLC

VFD GROUP PLC DIRECTORSDEALINGS

May 29th 2025

FIDELITY BANK PLC

FIDELITY BANK PLC DIRECTORSDEALINGS

May 29th 2025

FIDELITY BANK PLC

FIDELITY BANK PLC DIRECTORSDEALINGS

May 29th 2025

ARADEL HOLDINGS PLC

ARADEL HOLDINGS PLC DIRECTORSDEALINGS

May 29th 2025

ARADEL HOLDINGS PLC

ARADEL HOLDINGS PLC DIRECTORSDEALINGS

May 29th 2025

SKYWAY AVIATION HANDLING COMPANY PLC

SKYWAY AVIATION HANDLING COMPANY PLC- NOTICES OF ANNUAL GENERAL MEETING (AGM) –

May 29th 2025

ARADEL HOLDINGS PLC

ARADEL HOLDINGS PLC DIRECTORSDEALINGS

May 29th 2025

ELLAH LAKES PLC.

ELLAH LAKES PLC.- QUARTER 3 – FINANCIAL STATEMENT FOR 2025

May 29th 2025

 

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

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