Home Finance NGX All-Share Index declines further by 0.12%

NGX All-Share Index declines further by 0.12%

by Business News Report

The bears continued to dominate the domestic bourse as the NGX All-Share Index (ASI) extended losses for a second consecutive session, falling by 0.12% to settle at 55,956.59 points. The market’s weak performance was driven primarily by selloffs in industrial giant, DANGCEM (-1.38%), alongside STANBIC (-3.02%), and NB (-1.80%) offsetting gains in MTNN (+0.04%), ZENITHBANK (+0.18%) and GTCO (+0.36%). Accordingly, the market remains on track for another weekly gain. The ASI’s year-to-date (YTD) return fell to 9.18% and the market capitalisation shed ₦37.57bn to close at ₦30.47trn.

Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 17.52%. A total of 531.78m shares valued at ₦7.68bn were exchanged in 6,061 deals. UBA (+4.19%) led volume and value charts with 177.48m units traded in deals worth ₦1.72bn.

Market breadth closed positive at a 2.46-to-1 ratio with advancing issues outnumbering declining ones. UNITYBNK (+10.00%), topped twenty-six (26) others on the leader’s table, while WAPIC (-6.52%) led ten (10) others on the laggard’s log.

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index55,956.59-0.129.18
Market Cap. (₦ ‘trillion)30.47-0.129.15
Volume (millions)531.7833.74
Value (₦ ‘billion)7.6817.52

Dividend Information for 2023

CompanyDividend (Bonus)Closure DatePayment Date
BUACEMENT₦2.80  (final)14-Aug-2324-Aug-23
TOTAL₦21.00  (final)26-Apr-232-Jun-23
STANBIC₦2.00  (final)12-Apr-2326-May-23
ACCESSCORP₦1.30  (final)9-May-2324-May-23
NESTLE₦36.50  (final)24-Apr-2318-May-23
GTCO₦2.80  (final)2-May-2311-May-23
SEPLAT$0.075 (final)19-Apr-2316-May-23
ZENITHBANK₦2.90  (final)17-Apr-232-May-23
WAPCO₦2.00 (final)11-Apr-2328-Apr-23
UBA₦0.90 (final)17-Apr-2327-Apr-23
NB₦1.03 (final)17-Mar-2326-Apr-23
DANGCEM₦20.00  (final)31-Mar-2324-Apr-23
MTNN₦10.00  (final)28-Mar-2320-Apr-23
DANGSUGAR₦1.50  (final)27-Mar-2315-Apr-23
GEREGU₦8.00  (final)28-Feb-2329-Mar-23

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