Home Finance NGX All-Share Index closes positive, 2bps

NGX All-Share Index closes positive, 2bps

by Business News Report

Activity on the domestic bourse was mixed, albeit with a bullish tilt as the benchmark index closed marginally higher (+0.02%) at 71,025.16 points. Gains in MTNN (+0.21%), NB (+5.26%), and FLOURMILL (+0.31%) offset the declines in ZENITHBANK (-0.74%), DANGSUGAR (-0.16%) and UBA (-0.48%). Subsequently, the market remains on track for a weekly gain. The year-to-date (YTD) return rose to 38.58%, while the market capitalisation rose by ₦5.95bn to close at ₦39.06trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 28.93%. A total of 483.85m shares valued at ₦4.38bn were exchanged in 6,545 deals. REGALINS (-2.78%) led the volume chart with 104.34m units while OANDO (+1.30%) led the value chart in deals worth ₦676.64m.
Market breadth closed negative at a 1.62-to-1 ratio with declining issues outnumbering advancing ones. UPDC (-6.50%) led twenty (20) others on the laggard’s log while UNITYBNK (+9.18%) topped twelve (12) others on the leader’s table.

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index71,025.160.0238.38
Market Cap. (₦ ‘trillion)39.060.0239.92
Volume (millions)483.8562.72
Value (₦ ‘billion)4.38-28.93

Dividend Information for 2023

CompanyDividend (Bonus)Closure DatePayment Date
ACCESSCORP₦0.30 (interim)6-Oct-2319-Oct-23
UBA₦0.50 (interim)27-Sep-236-Oct-23
ZENITHBANK₦0.50 (interim)25-Sep-2329-Sep-23
STANBIC₦1.50 (interim)13-Sep-2327-Sep-23
GTCO₦0.50 (interim)15-Sep-2325-Sep-23
FIDELITYBK₦0.25 (interim)15-Sep-2322-Sep-23
CUSTODIAN₦0.15 (interim)21-Aug-235-Sep-23
SEPLAT ENERGY3 US CENTS (interim)18-Aug-2330-Aug-23
MTNN₦5.60  (interim)17-Aug-2324-Aug-23
AIRTELAFRI3.27 CENTS22-Jun-2326-Jul-23

Source: Coronation

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