Valmon Securities

At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), 472.16Million shares were traded in 12,336deals, amounting to a market value of N16.696Billion. Compared with the previous trading day (Wednesday January 15), today’s data shows a 8% increase in volume, a 77% increase in value and a 2% increase in the number of deals. The Current equities market capitalization of the Nigerian Exchange Ltd is NGN62.31trillion, while the All-Share Index (ASI) closed at 102,183.06Basis points, increase 87.11Basis Points, representing a 0.09% increase, and a YTD increase of 0.72% as against the previous trading day’s close of 102,095.95Basis points.
Cumulatively, 125 NGX equities participated in trading, ending with 26 gainers and 35 losers. Northern Nigeria Flour Mills led the gainers with 10% share price appreciation closing at NGN 54.45 per share, followed by Dangote Sugar Refinery (+9.91%), John Holt (+9.8%) and The Initiates (+9.8%). On the losing side, Livestock Feeds came out last with an end-of-day price depreciation of 10% at NGN 5.40 per share, followed by Eunisell Interlinked (-9.97%), Neimeth International Pharma (-9.83%) and Regency Alliance Insurance (-9.33%). Guaranty Trust Holding recorded the highest volume of 65.1 million traded shares, followed by Universal Insurance Company (48.5m), Fidelity Bank (45.9m) and Access Holdings (27.3m).

ADVANCERS

Symbols

Last Close

Current

Change

%Change

NNFM

N 49.50

N 54.45

4.95

10.00 %

DANGSUGAR

N 36.85

N 40.50

3.65

9.91 %

TIP

N 2.55

N 2.80

0.25

9.80 %

JOHNHOLT

N 8.47

N 9.30

0.83

9.80 %

OMATEK

N 0.82

N 0.90

0.08

9.76 %

DECLINERS

Symbols

Last Close

Current

Change

%Change

LIVESTOCK

N 6.00

N 5.40

-0.60

-10.00 %

EUNISELL

N 17.35

N 15.62

-1.73

-9.97 %

NEIMETH

N 3.46

N 3.12

-0.34

-9.83 %

REGALINS

N 0.75

N 0.68

-0.07

-9.33 %

HONYFLOUR

N 10.15

N 9.21

-0.94

-9.26 %

NIGERIAN ECONOMIC INDICES

ECONOMIC INDICATORS

RATE

INFLATION RATE

34.80% as at December, 2024

EXCHANGE RATE

W. A.R./ 1$ vs =N= 1,585.35 at 27/8/2024

MPR

27.50% as at 26/11/2024

FOREIGN RESERVES(GROSS)

$36.55 billion as at 27/8/2024

BONNY LIGHT CRUDE

$87.99 as at 24/8/2023.

GDP Q3 2024

3.46%

 

SOURCE: CBN (Unless Otherwise Stated) ** WAR= Weighted Average Rate on I&E Window

OTHER MARKET NEWS

Company

Disclosures

Date Submitted

LASACO ASSURANCE PLC.

LASACO ASSURANCE PLC.- NOTICE OF BOARD MEETING (BM)

January 16th 2025

ETERNA PLC.

ETERNA PLC.-RESIGNATION AND APPOINTMENT OF MANAGING DIRECTOR AND CEO

January 16th 2025

AIRTEL AFRICA PLC

AIRTEL AFRICA PLC-NOTIFICATION OF TRANSACTION IN OWN SHARES

January 16th 2025

 

***ALL NGX MARKET INFORMATION ARE COURTESY OF Nigerian Exchange Ltd © Valmon Securities Limited Research Department 2024.

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