NGX All-Shares Index Rose 0.34% Intraday, as the Stock Market Maintained Positive Momentum on Monday; BDC Rate Appreciated to N1,395/US$1
Snapshot
The Nigerian stock market began the trading week bullish on Monday, April 13, 2025, extending the bullish trend recorded in previous sessions, driven by strong demand for NGXGROUP (+10.00%), GUINNESS (+7.80%), CWG (+6.89%), STANBIC (+6.52%), NB (+5.57%), MAYBAKER (+1.16%), ZENITHBANK (+0.54%), TRANSCORP (+0.22%), DANGSUGAR (+0.08%), and 23 others. As such, the benchmark All-Share Index (ASI) increased 0.34% to settle at 204,458.86 points, up from 203,770.42 points on Friday.
Total market capitalisation increased by N443.13bn to close at N131.61trn, while the ASI year-to-date (YTD) return stood at 31.39%. However, market breadth tilted towards the bulls, with 32 gainers against 26 decliners. NGXGROUP topped the gainers’ chart, while BERGER led the decliners. Meanwhile, TRANSEXPR and GUINNESS traded above their 52-week highs at N4.14 and N499.00, respectively.
The Proshare Memorandum Index closed bearish, with the price-weighted return down 0.15% to close at 1,259.31 points from 1,261.17 points in the previous session, while the float-adjusted return was down by 0.44% to settle at 923.31 points, down from 927.35 points.
Investing
Volume and Value Contribution
Market activity was down for the day, with total volume traded down 14.33% to 470.01m, valued at N32.45bn across 60,793deals. ACCESSCORP recorded the highest volume, with 54.91m units traded, accounting for 11.68% of the day’s volume, while ARADEL recorded the highest value, at N7.05bn, accounting for 21.74% of the value traded for the day. GTCO and ZENITHBANK accounted for 9.26% and 8.98% of total volume, respectively, while GTCO and ZENITHBANK followed ARADEL in traded value.
NGX Earnings Summary
Corporate Results
No Financial Statement was released on the NGX website today.
NGX Corporate News
- Consolidated Hallmark Holdings Plc Notices Of Board Meeting – NGX
- Meyer Plc Notices Of Board Meeting – NGX
- Zichis Agro Allied Industries Plc Clarification On IPO-Related Media Reports – NGX
- Nigerian Breweries Plc Notices Of Board Meeting – NGX
- Champion Brew. Plc Notices Of Board Meeting – NGX
- Skyway Aviation Handling Company Plc Corporate Disclosure – NGX
For more analysis of the NGX-listed equities, click here.
1.2 NASD OTC Exchange – Unlisted Equities
Similarly, the unlisted NASD Securities Index (NSI) closed bullish on Monday, recouping some of the previous sessions’ losses, up 0.22% to 3,878.83 points from 3,870.45 points on Friday.
The total volume traded increased to 2.58m, valued at N31.16m, across 37 deals.
At the close of trading, the NASD OTC recorded two (2) gainers and three (3) losers
1.3 Global Indices
The global indices closed lower on Monday, with Brazil’s Bovespa leading the losers’ chart. For more updates on the Global scene, click here.
1.4 African Indices
The prices in the African market are relatively favourable today. For the latest data and updates, please kindly click here.
2. Bonds and Fixed-Income Markets
2.1 Debt Market Size
The Debt Market Size was unavailable at the time of publishing this report.
2.2 Overnight and Open Repo (OPR)
The Overnight and Open Repo rates were unavailable while preparing the report.
3.1 AFEX Indices
On Monday, at the AFEX market, ACI and AEI closed flat at N40.68 and N32.22, respectively. Data on AFEX Indices can be accessed here.
3.2 AFEX Commodity Prices
At the AFEX Market on Monday. Paddy rice increased by 4.52% to close at N393.02, while maize and cocoa fell 15.00% and 0.002%, respectively, to close at N299.29 and N5,334.06. Click here to access more data on AFEX commodity prices.
3.3 LCFE Commodity Price(s)
Eko Gold, Premium Eko Rice, and Eko Rice Classic prices at the Lagos Commodities and Futures Exchange (LCFE) remained unchanged on Monday, closing at N140,000.00 per gram, N50,000.00 per 50kg, and N55,000 per 50kg, respectively.
3.4 Global Commodity Prices
In the global commodity market, Gold and Silver fell 0.48% and 2.27%, respectively, to close at US$4,725.43 and US$74.18. Brent and WTI crude futures advanced 5.48% and 5.15%, respectively, to close at US$100.42 and US$101.54 as at 02:13 PM GMT on Monday, as other vessels began avoiding the Strait of Hormuz after the U.S. said it would start blockading Iranian ports later in the day, unsettling shipping markets at a vital energy chokepoint, shipping data showed.
The average BDC rate appreciated 0.36% from N1,400/USD to N1,395/USD, while the NFEM rate closed at N1,356.89/USD on the last market day
