Home Stock Market NGX All-Share Index closes the week positive

NGX All-Share Index closes the week positive

by Business News Report

Recovering from the previous weekly losses, the Lagos bourse gained 0.87% week-on-week as gains in telco giant, AIRTELAFRI (4.76% w/w) as well as ACCESSCORP (+1.84%) outweighed selling pressure in blue chip GTCO (-1.21% w/w), ZENITHBANK (-0.13% w/w) and FBNH (-0.90% w/w). Consequently, the year-to-date (YTD) return rose 116bps w/w and the market capitalisation, ₦320.84bn w/w to close at ₦56.93trn.
In today’s trading session, the All-Share index gained 4bps to settle at 100,539.40 points. Selloff in GTCO (-0.77%), ZENITHBANK (-0.54%) and FBNH (-3.29%) were encumbered by demand in MTNN (+1.99%), TRANSCORP (+0.42%) and FIDELITYBK (+1.42%), driving the positive performance. Accordingly, the market capitalisation gained ₦831.64m today.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up 9.98%. A total of 603.88m shares valued at ₦9.16bn were exchanged in 9,988 deals. FCMB (+3.25%) led the volume chart with 114.12m units traded while UCAP (+1.63%) led the value chart in deals worth ₦2.29bn.
Market breadth closed negative at a 0.57-to-1 ratio with declining issues outnumbering advancing ones. CUTIX (-8.55%) topped twenty-seven (27) others on the laggard’s log, while SOVRENINS (+4.26%) led fifteen (15) others on the gainer’s table.

Dividend Information for 2024

IndicatorsCurrentChange (%)YTD
All-Share Index100,539.400.0437.71
Market Cap. (₦ ‘trillion)56.930.0438.28
Volume (millions)603.8853.74
Value (₦ ‘billion)9.169.98

Find below key highlights of market activities

CompanyDividend (Bonus)Closure DatePayment Date
BUAFOODS₦5.5020-Aug-2426-Sep-24
BUACEMENT₦2.0012-Aug-2429-Aug-24
FBNH₦0.4015-Aug-2423-Aug-24
AIRTELAFRI$0.03724-Jun-2426-Jul-24
BETAGLAS₦1.425-Jun-246-Jul-24
FIDSON₦0.619-Jun-246-Jul-24
TOTAL₦25.0024-Apr-2424-Jun-24
UACN₦0.227-Jun-2421-Jun-24
JBERGER₦33-Jun-2421-Jun-24
TRANSEXPR₦0.0212-Jun-2420-Jun-24
SEPLAT ENERGY$0.03 ( Q1 INTERIM)3-Jun-2414-Jun-24
MAYBAKER₦0.322-May-246-Jun-24
PRESCO₦24.3015-May-2430-May-24
SEPLAT ENERGY$0.0329-Apr-2429-May-24
TRANSCORP₦0.1026-Apr-2428-May-24
WEMA₦0.510-May-2428-May-24
MEYER₦0.329-Apr-2427-May-24
UBA₦2.3013-May-2424-May-24
NAHCO₦2.5613-May-2424-May-24
TRANSPOWER₦3.1322-Apr-2422-May-24
STANBIC₦2.2022-Apr-2417-May-24
FIDELITYBK₦0.6029-Apr-2416-May-24
UNILEVER₦0.7529-Apr-2410-May-24
GTCO₦2.7029-Apr-249-May-24
ZENITHBANK₦3.5026-Apr-248-May-24
DANGCEM₦30.0016-Apr-2429-Apr-24
UCAP₦1.8010-Apr-2423-Apr-24
ACCESSCORP₦1.8011-Apr-2419-Apr-24
TRANSCOHOT₦0.2016-Apr-2430-Apr-24
LAFAERGE₦1.902-Apr-2416-Apr-24
NGXGROUP₦0.7527-Mar-2429-Apr-24
GEREGU₦8.0028-Feb-2428-Mar-24
VITAFOAM1.5613-Feb-247-Mar-24

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