Home Stock Market NGX All-Share Index extends bearish run, down 1.38%

NGX All-Share Index extends bearish run, down 1.38%

by Business News Report

Today, the domestic bourse extended losses from the previous session, as the All-Share Index lost 1.38% to close at 100,582.89 points. Selloffs in MTNN (-9.94%), FBNH (-10.00%), and GTCO (-0.13%) outweighed gains in TRANSCORP (+2.85%), STERLINGNG (+4.55%) and HONYFLOUR (+2.25%) putting the market in the red. Consequently, the ASI year-to-date return fell to 34.52%, while the market capitalisation shed ₦772.98bn to close at ₦55.04trn. 

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 8.96%. A total of 280.46m shares valued at ₦6.12bn were exchanged in 9,141 deals. TRANSCORP (+2.85%) led the volume chart with 44.41m units traded while NASCON (-7.73%) led the value chart with deals worth ₦893.68m.

Market breadth closed negative at a 2.67-to-1 ratio with declining issues outnumbering the advancing ones. FBNH (-10.00%) topped twenty-three (23) others on the laggard’s table while OMATEK (+9.86%) led eight(8) others on the leader’s log.

Find below key highlights of market activities.

IndicatorsCurrentChange (%)YTD
All-Share Index100,582.89-1.3834.52
Market Cap. (₦ ‘trillion)55.04-1.3834.51
Volume (millions)280.46-4.71
Value (₦ ‘billion)6.12-8.96
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
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
NESTLE₦36.5024-Apr-2318-May-23
WAPCO₦2.0011-Apr-2328-Apr-23
NB₦1.0317-Mar-2326-Apr-23
DANGCEM₦20.0031-Mar-2324-Apr-23
DANGSUGAR₦1.5027-Mar-2315-Apr-23
GEREGU₦8.0028-Feb-2329-Mar-23

Related Posts