MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 497.06million shares were traded in 18,795 deals, with a market value of N13.213billion. This represents a 2% increase in volume, a 16% increase in value, and a 24% decrease in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 68.97trillion, while the All-Share Index (ASI) closed at 109,730.47basis points, reflecting an increase of 32.64basis points (0.03%) but a YTD increase of 6.61% from the previous day’s 109,697.83basis points.
In total, 126 NGX listed equities participated in trading, ending with 31 gainers and 32 losers. Nestle Nigeria led the gainers with 10% share price appreciation closing at NGN 1,464.10 per share, followed by Tripple Gee & Co. (+10%), Regency Alliance Insurance (+10%) and Tantalizers (+9.88%). On the losing side, Berger Paints came out last with an end-of-day price depreciation of 9.98% at NGN 21.20 per share, followed by Mutual Benefits Assurance (-9.8%), Associated Bus Company (-9.77%) and Aradel Holdings (-8.55%). Fidelity Bank recorded the highest volume of 60.2 million traded shares, followed by United Bank for Africa (36.4m), Custodian & Allied (35.6m) and Tantalizers (27.6m).
Top Gainers
Symbol | Last Close (NGN) | Current Price (NGN) | Change (NGN) | % Change |
N 0.60 | N 0.66 | 0.06 | 10.00 % | |
N 2.00 | N 2.20 | 0.20 | 10.00 % | |
N 1331.00 | N 1464.10 | 133.10 | 10.00 % | |
N 2.53 | N 2.78 | 0.25 | 9.88 % | |
N 8.85 | N 9.70 | 0.85 | 9.60 % |
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 |
LINKAGE ASSURANCE PLC- QUARTER 1 – FINANCIAL STATEMENT FOR 2025 | May 20th 2025 | |
REGENCY ALLIANCE INSURANCE PLC- NOTICES OF BOARD MEETING (BM) – NOTICE | May 20th 2025 | |
LINKAGE ASSURANCE PLC- QUARTER 5 – FINANCIAL STATEMENT FOR 2024 | May 20th 2025 | |
May 20th 2025 | ||
May 20th 2025 | ||
FIDELITY BANK PLC-FIDELITY BANK PRESS RELEASE ON COURT JUDGMENT | May 20th 2025 |
Market Insights Courtesy of:
Nigerian Exchange Ltd & Valmon Securities Limited Research Department (2025)