MARKET OVERVIEW
At the close of today’s trading session on the Nigerian Exchange Ltd (NGX), a total of 392.99million shares were traded in 17,519 deals, with a market value of N12.756billion. This represents a 46% decrease in volume, a 64% decrease in value, and a 5% increase in the number of deals compared to the previous trading day.
The current equities market capitalization stands at NGN 66.50trillion, while the All-Share Index (ASI) closed at 105,800.85basis points, reflecting a decrease of 130.33basis points (0.12%) but a YTD increase of 2.79% from the previous day’s 105,931.18basis points.
In total, 129 NGX listed equities participated in trading, ending with 38 gainers and 26 losers. Vitafoam Nigeria led the gainers with 10% share price appreciation closing at NGN 52.80 per share, followed by University Press (+10%), Livestock Feeds (+9.97%) and C&I Leasing (+9.89%). On the losing side, Ecobank Transnational came out last with an end-of-day price depreciation of 10% at NGN 28.80 per share, followed by International Breweries (-10%), Ikeja Hotel (-9.89%) and Cadbury Nigeria (-9.8%). United Bank for Africa recorded the highest volume of 38.9 million traded shares, followed by Wema Bank (26.6m), Fidelity Bank (25.4m) and Access Holdings (25m).
Top Losers
Symbol | Last Close (NGN) | Current Price (NGN) | Change (NGN) | % Change |
N 8.20 | N 7.38 | -0.82 | -10.00 % | |
N 32.00 | N 28.80 | -3.20 | -10.00 % | |
N 13.65 | N 12.30 | -1.35 | -9.89 % | |
N 32.15 | N 29.00 | -3.15 | -9.80 % | |
N 1.89 | N 1.71 | -0.18 | -9.52 % |
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:
Market Insights Courtesy of:
Nigerian Exchange Ltd & Valmon Securities Limited Research Department (2025)