MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 409.57Million shares were traded in 15,992 deals, with a market value of N9.870billion. This represents a 1% decrease in volume, a 11% decrease in value, and a 19% decrease in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 70.38trillion, while the All-Share Index (ASI) closed at 111,606.22basis points, reflecting an increase of 1,721.30basis points (1.57%) but a YTD increase of 8.43% from the previous day’s 109,884.92basis points.
In total, 126 NGX listed equities participated in trading, ending with 36 gainers and 21 losers. Airtel Africa led the gainers with 10% share price appreciation closing at NGN 2,372.50 per share, followed by Omatek Ventures (+9.23%), Cornerstone Insurance Company (+8.63%) and Nigerian Aviation Handling Co. (+8.39%). On the losing side, McNichols came out last with an end-of-day price depreciation of 9.8% at NGN 2.21 per share, followed by Computer Warehouse Group (-9.5%), Champion Breweries (-7.38%) and Red Star Express (-4.62%). Custodian & Allied recorded the highest volume of 37.6 million traded shares, followed by Fidelity Bank (37m), Veritas Kapital Assurance (33m) and Zenith Bank (27.4m).
Top Gainers
Symbol | Last Close (NGN) | Current Price (NGN) | Change (NGN) | % Change |
N 2156.90 | N 2372.50 | 215.60 | 10.00 % | |
N 0.65 | N 0.71 | 0.06 | 9.23 % | |
N 3.13 | N 3.40 | 0.27 | 8.63 % | |
N 74.50 | N 80.75 | 6.25 | 8.39 % | |
N 4.79 | N 5.10 | 0.31 | 6.47 % |
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 |
May 27th 2025 | ||
May 27th 2025 | ||
May 27th 2025 | ||
May 27th 2025 | ||
May 27th 2025 | ||
STANBIC IBTC HOLDINGS PLC-COMMENCEMENT OF CLOSED PERIOD AND NOTICE OF BOARD MEETING | May 27th 2025 | |
May 27th 2025 | ||
May 27th 2025 | ||
May 27th 2025 | ||
May 27th 2025 |
Market Insights Courtesy of:
Nigerian Exchange Ltd & Valmon Securities Limited Research Department (2025)