Home News NGX All-Share Index edges higher, up 7bps

NGX All-Share Index edges higher, up 7bps

by Business News Report

The domestic bourse maintained the bull run bringing the benchmark index up by 0.07% to close at 70,819.58 points. Gains in Tier 1 banking names, GTCO (+0.56%), UBA (+0.24%), and FBNH (+3.36%) offset losses in ZENITHBANK (-0.45%), STANBIC (-0.07%) and DANGSUGAR (-0.32%). Accordingly, the market remains on track for a week of gain. As a result, the year-to-date (YTD) return rose to 38.18%, while the market capitalisation gained ₦25.42bn to close at ₦38.91trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 71.44%. A total of 569.19m shares valued at ₦16.79bn were exchanged in 6,169 deals. JAPAULGOLD (+9.58%) led the volume chart with 113.96m units traded, while STANBIC (-0.07%) led the value chart in deals worth ₦6.78bn.
Market breadth closed negative at a 1.33-to-1 ratio with declining issues outnumbering advancing ones. VFDGROUP (-10.00%) led nineteen (19) others on the laggard’s log while UPDC (+9.91%) topped fourteen (14) others on the leader’s table.

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index70,819.580.0738.18
Market Cap. (₦ ‘trillion)38.910.0739.39
Volume (millions)569.191.94
Value (₦ ‘billion)16.7971.44

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

Related Posts