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MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 531.29million shares were traded in 14,870 deals, with a market value of N19.808billion. This represents a 7% increase in volume, a 88% increase in value, and a 0.3% decrease in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 68.54trillion, while the All-Share Index (ASI) closed at 109,059.33basis points, reflecting an increase of 296.72basis points (0.27%) but a YTD increase of 5.96% from the previous day’s 108,762.61basis points.
In total, 28 NGX listed equities participated in trading, ending with 34 gainers and 24 losers. Northern Nigeria Flour Mills led the gainers with 10% share price appreciation closing at NGN 99.55 per share, followed by McNichols (+10%), Champion Breweries (+9.91%) and Caverton Offshore Support Group (+9.78%). On the losing side, Multiverse Mining & Exploration came out last with an end-of-day price depreciation of 9.63% at NGN 9.85 per share, followed by Legend Internet (-5.41%), Veritas Kapital Assurance (-4.76%) and Transcorp Nigeria (-4.65%). Guaranty Trust Holding recorded the highest volume of 53.3 million traded shares, followed by Access Holdings (51.9m), Fidelity Bank (40.5m) and Nigerian Breweries (35.8m).
Top Losers
Symbol | Last Close (NGN) | Current Price (NGN) | Change (NGN) | % Change |
N 10.90 | N 9.85 | -1.05 | -9.63 % | |
N 1255.60 | N 1141.50 | -114.10 | -9.09 % | |
N 8.88 | N 8.40 | -0.48 | -5.41 % | |
N 1.05 | N 1.00 | -0.05 | -4.76 % | |
N 46.25 | N 44.10 | -2.15 | -4.65 % |
NIGERIAN ECONOMIC INDICATORS
Indicator | Rate |
Inflation Rate | 24.23% (March 2025) |
Exchange Rate (NGN/USD) | N 1,606.54 (28/04/2025) |
MPR | 27.50% (March 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 14th 2025 | ||
May 14th 2025 | ||
May 14th 2025 | ||
May 14th 2025 | ||
AIRTEL AFRICA PLC-ANNOUNCEMENT OF SECOND TRANCHE OF SHARE BUY-BACK PROGRAMME | May 14th 2025 |
Market Insights Courtesy of:
Nigerian Exchange Ltd & Valmon Securities Limited Research Department (2025)