Home Finance NGX All-Share Index ends the week positive, up 6.54% w/w

NGX All-Share Index ends the week positive, up 6.54% w/w

by Business News Report

Closing the week, the Lagos bourse ended the session on a positive note, bringing the All-Share index up by 2.11% to close at 79,664.66 points. Buying interests in DANGCEM (+1.59%), MTNN (+4.97%), and ZENITHBANK (+2.44%) offset selloffs in DANGSUGAR (-1.59%), NASCON (-1.97%) and GUINNESS (-7.58%) kept the market in the positive terrain. Having gained in all four trading sessions this week, the ASI closed 6.54% higher w/w.
Over the course of the week, strong performances in DANGCEM (+1.59% w/w), AIRTELAFRI (+5.99% w/w) , and MTNN (+7.95% w/w) drove the market’s positive performance, outweighing losses in  STANBIC (-5.96% w/w), GUINNESS (-7.58% w/w), and CADBURY (-11.05% w/w). Consequently, the year-to-date (YTD) return rose to 6.54%, while the market capitalisation gained ₦2.68trn w/w to close at ₦43.59trn.
nalysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 28.38%. A total of 892.68m shares valued at ₦14.33bn were exchanged in 13,019 deals. FIDELITYBK (+6.37%) led the volume chart with 92.67m units traded while  NESTLE (+8.73%)  led the value chart with deals worth ₦1.67bn.
Market breadth closed positive at a 3.05-to-1 ratio with advancing issues outnumbering the declining ones. NAHCO (+10.00%) topped fifty-seven (57) others on the leader’s table while MULTIVERSE (-9.99%) led eighteen (18) Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index79,664.662.116.54
Market Cap. (₦ ‘trillion)43.592.116.54
Volume (millions)892.68-9.30
Value (₦ ‘billion)14.3328.38

Dividend Information for 2023

CompanyDividend (Bonus)Closure DatePayment Date
SEPLAT ENERGY$0.03 (Q3 interim)13-Nov-2324-Nov-23
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
STANBICN1.50 (interim)13-Sep-2327-Sep-23
GTCO₦0.50 (interim)15-Sep-2325-Sep-23
FIDELITYBKN 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

Related Posts