MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 351.66million shares were traded in 12,141 deals, with a market value of N13.711billion. This represents a 5% decrease in volume, a 26% increase in value, and a 8% decrease in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 65.26trillion, while the All-Share Index (ASI) closed at 103,851.88 basis points, reflecting a decrease of 708.14basis points (0.68%) but a YTD increase of 0.90% from the previous day’s 104,560.02basis points.
On the trading day, 124 NGX listed equities participated in the market, with 24 gainers and 21 losers. Abbey Mortgage Bank topped the gainers’ list with a 9.99% share price increase, closing at NGN 8.15 per share, followed by Sovereign Trust Insurance (+7.69%), Nigerian Exchange Group (+7.3%), and Deap Capital Management & Trust (+6.67%). On the flip side, Guaranty Trust Holding led the losers with a 11.94% decline to NGN 59.00 per share, followed by Zenith Bank (-11.65%), Industrial & Medical Gases (-10%), and Guinea Insurance (-9.52%). In terms of trading activity, Access Holdings recorded the highest volume with 68.2 million shares, followed by Guaranty Trust Holding (36.8 million), FCMB Group (28.8 million), and United Bank for Africa (26.4 million).
Top Gainers
Symbol | Last Close (NGN) | Current Price (NGN) | Change (NGN) | % Change |
N 7.41 | N 8.15 | 0.74 | 9.99 % | |
N 0.91 | N 0.98 | 0.07 | 7.69 % | |
N 31.50 | N 33.80 | 2.30 | 7.30 % | |
N 17.05 | N 18.20 | 1.15 | 6.74 % | |
N 0.90 | N 0.96 | 0.06 | 6.67 % |
NIGERIAN ECONOMIC INDICATORS
Indicator | Rate |
Inflation Rate | 24.23% (March 2025) |
Exchange Rate (WAR/USD) | N1,606.44 (16/04/2025) |
MPR | 27.50% (Feb 2025) |
Foreign Reserves (Gross) | $38.5 billion (March 2025) |
Bonny Light Crude | $78.62 (16/04/2025) |
GDP Q3 2024 | 3.46% |
(Source: CBN, unless otherwise stated)
COMPANY DISCLOSURES
Here is a summarized table of the disclosures:
Company | Disclosures | Date Submitted |
April 16th 2025 | ||
AIRTEL AFRICA PLC-NOTICE OF FULL YEAR RESULTS UP TO 31 MARCH 2025 | April 16th 2025 | |
EXTRAORDINARY GENERAL MEETING OF STANDARD ALLIANCE INSURANCE PLC | April 16th 2025 | |
April 16th 2025 | ||
April 16th 2025 | ||
ACCESS HOLDINGS PLC-CORPORATE ACTION ANNOUNCEMENT – ACCESS HOLDINGS PLC | April 16th 2025 | |
ACCESS HOLDINGS PLC- AUDITED FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DEC 2024 | April 16th 2025 |
Market Insights Courtesy of:
Nigerian Exchange Ltd & Valmon Securities Limited Research Department (2025)