Valmon Securities

MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 368.77million shares were traded in 13,228 deals, with a market value of N10.871billion. This represents a 14% decrease in volume, a 3% increase in value, and a 9% decrease in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 65.70trillion, while the All-Share Index (ASI) closed at 104,560.02 basis points, reflecting an increase of 30.40basis points (0.03%) but a YTD increase of 1.59% from the previous day’s 104,529.62basis points.
On the trading day, 129 NGX listed equities participated in the market, resulting in 23 gainers and 30 losers. Abbey Mortgage Bank led the gainers with a 9.94% share price increase, closing at NGN 7.41 per share, followed by Unilever Nigeria (+9.65%), Learn Africa (+8.33%), and Secure Electronic Technology (+7.41%).On the losing side, Northern Nigeria Flour Mills recorded the highest decline with a 9.97% drop to NGN 79.00 per share, followed by The Initiates (-9.57%), Caverton Offshore Support Group (-9.06%), and Wapic Insurance (-8.85%). Fidelity Bank led in trading volume with 47.4 million shares, followed by Access Holdings (28 million), Zenith Bank (23.1 million), and United Bank for Africa (22 million).

Top Gainers

Symbol

Last Close (NGN)

Current Price (NGN)

Change (NGN)

% Change

ABBEYBDS

N 6.74

N 7.41

0.67

9.94 %

UNILEVER

N 34.70

N 38.05

3.35

9.65 %

LEARNAFRCA

N 3.00

N 3.25

0.25

8.33 %

NSLTECH

N 0.54

N 0.58

0.04

7.41 %

CONHALLPLC

N 2.75

N 2.95

0.20

7.27 %

 

Top Losers

Symbol

Last Close (NGN)

Current Price (NGN)

Change (NGN)

% Change

NNFM

N 87.75

N 79.00

-8.75

-9.97 %

TIP

N 4.70

N 4.25

-0.45

-9.57 %

CAVERTON

N 2.54

N 2.31

-0.23

-9.06 %

WAPIC

N 2.26

N 2.06

-0.20

-8.85 %

GUINEAINS

N 0.69

N 0.63

-0.06

-8.70 %

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:

Company

Disclosures

Date Submitted

TRANSNATIONAL CORPORATION PLC

TRANSNATIONAL CORPORATION PLC-NOTICE OF CLOSED PERIOD

April 15th 2025

TRANSCORP HOTELS PLC

TRANSCORP HOTELS PLC-NOTICE OF CLOSED PERIOD

April 15th 2025

NPF MICROFINANCE BANK PLC

NPF MICROFINANCE BANK PLC- NOTICES OF BOARD MEETING (BM) – NOTICE

April 15th 2025

AIRTEL AFRICA PLC

AIRTEL AFRICA PLC-NOTIFICATION OF TRANSACTION IN OWN SHARES

April 15th 2025

CWG PLC

CWG PLC-AGM FY 2024 RESOLUTIONS

April 15th 2025

 

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

Leave a Reply

Your email address will not be published. Required fields are marked *