Home Finance NGX All-Share Index dips further, down 0.42%

NGX All-Share Index dips further, down 0.42%

by Business News Report

Bearish sentiments drove the domestic bourse today as the NGX All-Share Index closed 0.42% lower to 55,490.20 points, marking its fourth successive session decline. Selloffs in ZENITHBANK (-4.60%), GTCO (-0.79%) and GEREGU (-6.46%) underpinned the market’s weak performance. As a result, the year-to-date (YTD) return fell to 8.27%, while the market capitalization shed ₦126.76bn to close at ₦30.23trn.

Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 21.02%. A total of 181.19m shares valued at ₦3.41bn were exchanged in 3,908 deals. GTCO (-0.79%) led the volume and value charts with 33.85m units traded in deals worth  ₦841.95m.

Market breadth closed negative at a 2.25-to-1 ratio, with declining issues outnumbering advancing ones. UCAP (-9.30%) topped seventeen (17) others on the laggard’s log, while NGXGROUP (+4.87%) led seven (7) others on the leader’s table.

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index55,490.20-0.428.27
Market Cap. (₦ ‘trillion)30.23-0.428.29
Volume (millions)181.19-9.07
Value (₦ ‘billion)3.4121.02

Dividend Information for 2023

CompanyDividend (Bonus)Closure DatePayment Date
BUACEMENT₦2.80  (final)11-Aug-2324-Aug-23
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
DANGSUGAR₦1.50  (final)27-Mar-2315-Apr-23
GEREGU₦8.00  (final)28-Feb-2329-Mar-23

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