MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 861.67Million shares were traded in 22,896 deals, with a market value of N26.177billion. This represents a 1% decrease in volume, a 10% increase in value, and a 3% increase in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 76.76trillion, while the All-Share Index (ASI) closed at 121,257.69basis points, reflecting an increase of 1,466.87basis points (1.22%) but a YTD increase of 16.38% from the previous day’s 119,790.82basis points.
In total, 129 NGX listed equities participated in trading, ending with 63 gainers and 17 losers. Oando led the gainers with 10% share price appreciation closing at NGN 68.75 per share, followed by Dangote Sugar Refinery (+10%), Champion Breweries (+9.98%) and C&I Leasing (+9.98%). On the losing side, University Press came out last with an end-of-day price depreciation of 6.25% at NGN 6.00 per share, followed by RT Briscoe (-6.12%), Multiverse Mining & Exploration (-4.89%) and Meyer (-4.69%). Fidelity Bank recorded the highest volume of 83 million traded shares, followed by Caverton Offshore Support Group (64.2m), Zenith Bank (60.6m) and Japaul Gold and Ventures (56.3m).
DECLINERS
Symbols | Last Close | Current | Change | %Change |
N 6.40 | N 6.00 | -0.40 | -6.25 % | |
N 2.45 | N 2.30 | -0.15 | -6.12 % | |
N 9.20 | N 8.75 | -0.45 | -4.89 % | |
N 9.60 | N 9.15 | -0.45 | -4.69 % | |
N 3.13 | N 3.00 | -0.13 | -4.15 % |
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)