Valmon Securities

At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), 471.71Million shares were traded in 14,600deals, amounting to a market value of N19.89Billion. Compared with the previous trading day (Monday February 03), today’s data shows a 8% decrease in volume, a 50% increase in value and a 0.1% increase in the number of deals. The Current equities market capitalization of the Nigerian Exchange Ltd is NGN64.89trillion, while the All-Share Index (ASI) closed at 104,788.35Basis points, increase 158.05Basis Points, representing a 0.15% increase, and a YTD increase of 1.77% as against the previous trading day’s close of 104,791.71Basis points.
Cumulatively, 126 NGX equities participated in trading, ending with 38 gainers and 23 losers. Red Star Express led the gainers with 10% share price appreciation closing at NGN 5.50 per share, followed by Universal Insurance Company (+10%), Beta Glass Company (+9.98%) and Northern Nigeria Flour Mills (+9.98%). On the losing side, Ikeja Hotel came out last with an end-of-day price depreciation of 9.55% at NGN 9.95 per share, followed by N.E.M. Insurance Company (-6.59%), Sunu Assurances Nigeria (-6.14%) and Consolidated Hallmark Holdings (-5.97%). FBN Holdings recorded the highest volume of 83.1 million traded shares, followed by Zenith Bank (29.5m), Universal Insurance Company (24.2m) and UAC of Nigeria (21.2m).

ADVANCERS

Symbols

Last Close

Current

Change

%Change

REDSTAREX

N 5.00

N 5.50

0.50

10.00 %

UNIVINSURE

N 0.60

N 0.66

0.06

10.00 %

BETAGLAS

N 78.65

N 86.50

7.85

9.98 %

NNFM

N 66.65

N 73.30

6.65

9.98 %

CHELLARAM

N 7.18

N 7.89

0.71

9.89 %

DECLINERS

 

Symbols

Last Close

Current

Change

%Change

IKEJAHOTEL

N 11.00

N 9.95

-1.05

-9.55 %

NEM

N 12.90

N 12.05

-0.85

-6.59 %

SUNUASSUR

N 5.70

N 5.35

-0.35

-6.14 %

CONHALLPLC

N 3.35

N 3.15

-0.20

-5.97 %

ROYALEX

N 0.99

N 0.96

-0.03

-3.03 %

NIGERIAN ECONOMIC INDICES

 

ECONOMIC INDICATORS

RATE

INFLATION RATE

34.80% as at December, 2024

EXCHANGE RATE

W. A.R./ 1$ vs =N= 1,585.35 at 27/8/2024

MPR

27.50% as at 26/11/2024

FOREIGN RESERVES(GROSS)

$36.55 billion as at 27/8/2024

BONNY LIGHT CRUDE

$87.99 as at 24/8/2023.

GDP Q3 2024

3.46%

 

SOURCE: CBN (Unless Otherwise Stated) ** WAR= Weighted Average Rate on I&E Window

Company

Disclosures

Date Submitted

AUSTIN LAZ AND COMPANY PLC

AUSTIN LAZ AND COMPANY PLC- AUDITED FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DEC 2024

February 4th 2025

VITAFOAM NIG PLC.

VITAFOAM NIG PLC. DIRECTORSDEALINGS

February 4th 2025

VITAFOAM NIG PLC.

VITAFOAM NIG PLC. DIRECTORSDEALINGS

February 4th 2025

FCMB GROUP PLC

FCMB GROUP PLC- NOTICE OF BOARD MEETING (BM)

February 4th 2025

 

***ALL NGX MARKET INFORMATION ARE COURTESY OF Nigerian Exchange Ltd © Valmon Securities Limited Research Department 2025.

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