MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 423.62 million shares were traded in 11,393 deals, with a market value of N9.181 billion. This represents a 24% decrease in volume, a 59% increase in value, and a 4% increase in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 66.11 trillion, while the All-Share Index (ASI) closed at 105,426.12 basis points, reflecting a decline of 49.26 basis points (0.05%) but a YTD increase of 2.43% from the previous day’s 105,475.38 basis points.
Total of 126 NGX-listed equities participated in trading, resulting in 22 gainers and 28 losers. The Initiates Plc led the gainers with a 9.85% increase, closing at NGN 4.46 per share, followed by Mutual Benefits Assurance and Universal Insurance Company, both rising by 9.09%, while Royal Exchange appreciated by 8.99%. On the losing side, John Holt recorded the highest decline, dropping by 10% to close at NGN 7.74 per share. Other notable losers included Chams (-8.52%), Secure Electronic Technology (-8.47%), and May & Baker Nigeria (-7.95%). In terms of trading volume, Access Holdings led with 65 million shares traded, followed by Zenith Bank (41.5 million shares), Fidelity Bank (40.7 million shares), and Secure Electronic Technology (38.4 million shares).
Top Gainers
Symbol | Last Close (NGN) | Current Price (NGN) | Change (NGN) | % Change |
N 4.06 | N 4.46 | 0.40 | 9.85 % | |
N 0.88 | N 0.96 | 0.08 | 9.09 % | |
N 0.55 | N 0.60 | 0.05 | 9.09 % | |
N 0.89 | N 0.97 | 0.08 | 8.99 % | |
N 3.07 | N 3.32 | 0.25 | 8.14 % |
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:
Category | Company | Disclosure | Date Submitted |
Audited Financial Statements | Ecobank Transnational Inc. | March 27, 2025 | |
Abbey Mortgage Bank Plc | March 27, 2025 | ||
Secure Electronic Technology Plc | March 27, 2025 | ||
The Initiates Plc | March 27, 2025 | ||
Zenith Bank Plc | March 27, 2025 | ||
Board & Management Changes | NCR (Nigeria) Plc | March 27, 2025 | |
AXA Mansard Insurance Plc | March 27, 2025 | ||
Corporate Governance Reports | Lasaco Assurance Plc | March 27, 2025 | |
Access Holdings Plc | March 27, 2025 | ||
Director Dealings | Cutix Plc | March 27, 2025 | |
Cutix Plc | March 27, 2025 | ||
Corporate Actions | Zenith Bank Plc | March 27, 2025 | |
Board Meetings & Resolutions | Omatek Ventures Plc | March 27, 2025 | |
McNichols Consolidated Plc | March 27, 2025 | ||
NCR (Nigeria) Plc | March 27, 2025 | ||
Other Significant Disclosures | Ronchess Global Resources Plc | March 27, 2025 |
Market Insights Courtesy of:
Nigerian Exchange Ltd & Valmon Securities Limited Research Department (2025)