MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 397.12 million shares were traded in 13,667 deals, with a market value of N8.743billion. This represents a 9% increase in volume, a 27% decrease in value, and a 21% decrease in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 66.16 trillion, while the All-Share Index (ASI) closed at 105,525.26 basis points, reflecting an increase of 9.27 basis points (0.01%) but a YTD increase of 2.52% from the previous day’s 105,515.99 basis points.
Total of 128 NGX-listed equities were traded, resulting in 20 gainers and 32 losers. Africa Prudential led the gainers with a 9.76% increase, closing at NGN 15.75 per share, followed by Guinea Insurance (+9.52%), Daar Communications (+8.33%), and AXA Mansard Insurance (+7.87%). On the losing side, Livestock Feeds recorded the highest decline, dropping by 10% to close at NGN 7.20 per share. Other notable losers included PZ Cussons Nigeria (-9.97%), Mutual Benefits Assurance (-9.35%), and UAC of Nigeria (-9.23%). In terms of trading volume, Universal Insurance Company led with 49.7 million shares traded, followed by Zenith Bank (34.9 million shares), Royal Exchange (33.9 million shares), and United Bank for Africa (33.9 million shares).
NIGERIAN ECONOMIC INDICATORS
Indicator | Rate |
Inflation Rate | 24.48% (Dec 2024) |
Exchange Rate (WAR/USD) | N1,585.35 (27/08/2024) |
MPR | 27.50% (26/11/2024) |
Foreign Reserves (Gross) | $36.55 billion (27/08/2024) |
Bonny Light Crude | $87.99 (24/08/2023) |
GDP Q3 2024 | 3.46% |
(Source: CBN, unless otherwise stated)
COMPANY DISCLOSURES
Here is a summarized table of the disclosures:
Market Insights Courtesy of:
Nigerian Exchange Ltd & Valmon Securities Limited Research Department (2025)