Valmon Securities

MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 868.68Million shares were traded in 22,207 deals, with a market value of N23.709billion. This represents a 32% increase in volume, a 11% increase in value, and a 0.005% increase in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 75.58trillion, while the All-Share Index (ASI) closed at 119,790.82basis points, reflecting an increase of 1,211.17basis points (1.02%) but a YTD increase of 16.38% from the previous day’s 118,576.22basis points.
In total,  130 NGX listed equities participated in trading, ending with 61 gainers and 23 losers. Okomu Oil Palm led the gainers with 10% share price appreciation closing at NGN 748.00 per share, followed by Beta Glass Company (+10%), Dangote Sugar Refinery (+10%) and UPDC (+10%). On the losing side, Daar Communications came out last with an end-of-day price depreciation of 7.81% at NGN 0.59 per share, followed by Prestige Assurance Company (-5.56%), Industrial & Medical Gases (-4.3%) and NPF Microfinance Bank (-4.25%). Royal Exchange recorded the highest volume of 104 million traded shares, followed by Fidelity Bank (83.9m), Access Holdings (55.6m) and Zenith Bank (34.2m).

ADVANCERS

Symbols

Last Close

Current

Change

%Change

DANGSUGAR

N 40.00

N 44.00

4.00

10.00 %

OKOMUOIL

N 680.00

N 748.00

68.00

10.00 %

UPDC

N 3.00

N 3.30

0.30

10.00 %

BETAGLAS

N 303.60

N 333.95

30.35

10.00 %

CHAMPION

N 9.02

N 9.92

0.90

9.98 %

DECLINERS

Symbols

Last Close

Current

Change

%Change

DAARCOMM

N 0.64

N 0.59

-0.05

-7.81 %

PRESTIGE

N 1.08

N 1.02

-0.06

-5.56 %

IMG

N 34.90

N 33.40

-1.50

-4.30 %

NPFMCRFBK

N 2.12

N 2.03

-0.09

-4.25 %

ARADEL

N 536.80

N 515.00

-21.80

-4.06 %

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)

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