Home Stock Market NGX All-Share Index ends winning streak, loses 0.14%

NGX All-Share Index ends winning streak, loses 0.14%

by Business News Report

Today, the domestic bourse ended its four-day winning streak as the benchmark index shed 0.14% to close at 65,401.82 points. Selloffs in telco heavyweight, MTNN (-0.18%), as well as ZENITHBANK (-1.20%), and ACCESSCORP (-3.27%), underpinned the market’s weak performance despite gains in GTCO (+0.56%), NB (+1.88%) and DANGSUGAR (+10.00%). Accordingly, the market is on track for a week of gain. As a result, the year-to-date (YTD) return fell to 27.61%, while market capitalization lost ₦49.80bn to close at ₦35.79trn.

Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 218.74%. A total of 583.09m shares valued at ₦12.90bn were exchanged in 6,968 deals. TRANSCORP (+10.00%) led the volume chart with 144.49m units traded while MTNN (-0.18%) led the value chart in deals worth ₦6.16bn.

Market breadth closed negative at a 2.42-to-1 ratio with declining issues outnumbering advancing ones. FTNCOCOA (-9.95%) led twenty-eight (28) others on the laggard’s log while DANGSUGAR (+10.00%) topped eleven (11) others on the leader’s table.

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index65,401.82-0.1427.61
Market Cap. (₦ ‘trillion)35.79-0.1428.23
Volume (millions)583.0967.40
Value (₦ ‘billion)12.90218.74

Dividend Information for 2023

CompanyDividend (Bonus)Closure DatePayment Date
MTNN₦5.60  (interim)17-Aug-2324-Aug-23
NGXGROUP₦0.2531-Jul-2331-Aug-23
BUACEMENT₦2.8014-Aug-2324-Aug-23
FBNH₦0.509-Aug-2316-Aug-23
AIRTELAFRI3.2722-Jun-2326-Jul-23
TOTAL₦21.0026-Apr-232-Jun-23
STANBIC₦2.0012-Apr-2326-May-23
ACCESSCORP₦1.309-May-2324-May-23
NESTLE₦36.5024-Apr-2318-May-23
GTCO₦2.802-May-2311-May-23
SEPLAT$0.0819-Apr-2316-May-23
ZENITHBANK₦2.9017-Apr-232-May-23
WAPCO₦2.0011-Apr-2328-Apr-23
UBA₦0.9017-Apr-2327-Apr-23
NB₦1.0317-Mar-2326-Apr-23
DANGCEM₦20.0031-Mar-2324-Apr-23
MTNN₦10.0028-Mar-2320-Apr-23
DANGSUGAR₦1.5027-Mar-2315-Apr-23
GEREGU₦8.0028-Feb-2329-Mar-23

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