MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 771.65Million shares were traded in 32,734 deals, with a market value of N26.785billion. This represents a 9% increase in volume, a 24% increase in value, and a 7% increase in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN83.79trillion, while the All-Share Index (ASI) closed at 132,451.73basis points, reflecting an increase of 624.96basis points (0.47%) but a YTD increase of 28.69% from the previous day’s 131,826.77basis points.
In total, 29 NGX listed equities participated in trading, ending with 36 gainers and 34 losers. Dangote Sugar Refinery led the gainers with 10% share price appreciation closing at NGN 56.10 per share, followed by The Initiates (+9.97%), Sovereign Trust Insurance (+9.84%) and Nigerian Enamelware (+9.83%). On the losing side, Ellah Lakes came out last with an end-of-day price depreciation of 10% at NGN 9.90 per share, followed by Legend Internet (-10%), FTN Cocoa Processors (-9.91%) and Meyer (-9.79%). Access Holdings recorded the highest volume of 103 million traded shares, followed by Ellah Lakes (56.7m), United Bank for Africa (48.3m) and Guaranty Trust Holding (32.8m).
DECLINERS
Symbols | Last Close | Current | Change | %Change |
N 5.90 | N 5.31 | -0.59 | -10.00 % | |
N 11.00 | N 9.90 | -1.10 | -10.00 % | |
N 6.76 | N 6.09 | -0.67 | -9.91 % | |
N 18.90 | N 17.05 | -1.85 | -9.79 % | |
N 3.39 | N 3.06 | -0.33 | -9.73 % |
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 |
JAPAUL GOLD AND VENTURES PLC- NOTICES OF BOARD MEETING (BM) – NOTICE | July 22nd 2025 | |
GUINEA INSURANCE PLC.- QUARTER 2 – FINANCIAL STATEMENT FOR 2025 | July 22nd 2025 | |
AUSTIN LAZ AND COMPANY PLC- QUARTER 2 – FINANCIAL STATEMENT FOR 2025 | July 22nd 2025 | |
July 22nd 2025 | ||
July 22nd 2025 | ||
July 22nd 2025 | ||
July 22nd 2025 |
Market Insights Courtesy of:
Nigerian Exchange Ltd & Valmon Securities Limited Research Department (2025)