Home Stock Market NGX All-Share Index advances by 0.29%

NGX All-Share Index advances by 0.29%

by Business News Report

Equities on the Lagos bourse edged higher today as the benchmark index advanced by 0.29% to close at 55,670.24 points. Telco heavyweight, AIRTELAFRI (+0.89%) was the major driver of the market’s positive performance. The gain puts the index on track for a weekly gain. Consequently, the year-to-date (YTD) return rose to 8.62%, while market capitalisation gained ₦88.05bn to close at ₦30.33trn.

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 50.45%. A total of 206.11m shares valued at ₦3.26bn were exchanged in 4,385 deals. TRANSCORP (-7.97%) led the volume chart with 29.75m units traded while AIRTELAFRI (+0.89%) led the value chart in deals worth ₦959.11m.

Market breadth closed negative at a 1.75-to-1 ratio with declining issues outnumbering advancing ones. TRANSCORP (-7.97%) topped twenty (20) others on the laggard’s log while DANGSUGAR (+9.94%) led eleven (11) others on the laggard’s table.

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index55,670.240.298.62
Market Cap. (₦ ‘trillion)30.330.298.64
Volume (millions)206.11-63.57
Value (₦ ‘billion)3.26-50.45

Dividend Information for 2023

CompanyDividend (Bonus)Closure DatePayment Date
BUACEMENT₦2.80  (final)TBATBA
GEREGU₦8.00  (final)TBATBA
NESTLE₦36.50  (final)28-Apr-2318-May-23
SEPLAT$0.075 (final)19-Apr-2310-May-23
WAPCON2.00 (final)11-Apr-2328-Apr-23
NBN1.03 (final)17-Mar-2326-Apr-23
DANGCEM₦20.00  (final)31-Mar-2324-Apr-23
MTNN₦10.00  (final)28-Mar-2320-Apr-23

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