NGX All-Share Index ends the week positive, gains 0.12% w/w

Closing the week, the Lagos bourse ended the session on a positive note, bringing the All-Share index up by 0.34% to close at 52,466.52 points. Investors interest in SEPLAT (+5.35%),  ZENITHBANK (+0.21%), and GTCO (+0.21%) offset losses in  MTNN (-0.04%) keeping the market in the green. As a result, having gained in two out of four trading sessions this week, the ASI closed 0.12% higher w/w.

During the week, positive performances across MTNN (+0.09% w/w), SEPLAT (+5.35% w/w) and ZENITH (+5.48% w/w) were sufficient to offset the losses in GTCO (-3.22% w/w), STANBIC (-0.13% w/w) and GEREGU (-10.00% w/w). As a result, the year-to-date (YTD) return rose to 2.37%, while the market capitalization gained ₦34.31bn w/w to close at ₦28.57trn.

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 19.49%. A total of 482.59m shares valued at ₦5.64bn were exchanged in 5,298 deals. ACCESSCORP (+5.14%) led volume and value charts with 168.78m units traded  in deals worth ₦1.85bn.

Market breadth closed positive at a 3.22-to-1 ratio with advancing issues outnumbering declining ones. CUSTODIAN (+9.65%) topped twenty-eight (28) others on the leader’s log while TRANSCORP (-9.77%) topped eight (8) others on the laggard’s table.

Find below key highlights of market activities

Dividend Information for 2023

Source: Coronation