Home Stock Market NGX All-Share Index extends downtrend by 0.48%

NGX All-Share Index extends downtrend by 0.48%

by Business News Report

Today, the domestic bourse extended losses from the previous session, bringing the All-Share Index down by 0.48% to close at 98,228.50 points. Bearish sentiment in MTNN (-0.23%), ZENITHBANK (-0.29%) and GTCO (-5.98%) overturned the gains in PRESCO (+10.00%), OANDO (+2.51%) and WEMABANK (+7.28%) causing the drag in the market. As a result, the ASI year-to-date (YTD) fell to 31.37%, while the market capitalisation shed ₦268.75bn to close at ₦55.55trn. 
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 6.76%. A total of 425.66m shares valued at ₦8.35bn were exchanged in 9,620 deals. UBA (+0.00%) led the volume and value chart with 102.23m units traded in deals worth ₦2.68bn.
Market breadth closed negative at a 0.54-to-1 ratio with declining issues outnumbering the advancing ones. UNITYBNK (-10.00%) topped twenty-five (25) others on the laggard’s table while PRESCO (+10.00%) led thirteen (13) others on the leader’s log.

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index98,228.50-0.4831.37
Market Cap. (₦ ‘trillion)55.55-0.4835.77
Volume (millions)425.660.93
Value (₦ ‘billion)8.35-6.76

Dividend Information for 2024

CompanyDividend (Bonus)Closure DatePayment Date
BUAFOODS₦5.5020-Aug-2426-Sep-24
BUACEMENT₦2.0012-Aug-2429-Aug-24
BETAGLAS₦1.425-Jun-246-Jul-24
FIDSON₦0.619-Jun-246-Jul-24
TOTAL₦25.0024-Apr-2424-Jun-24
UACN₦0.227-Jun-2421-Jun-24
JBERGER₦33-Jun-2421-Jun-24
TRANSEXPR₦0.0212-Jun-2420-Jun-24
MAYBAKER₦0.322-May-246-Jun-24
SEPLAT ENERGY$0.0329-Apr-2429-May-24
WEMA₦0.510-May-2428-May-24
MEYER₦0.329-Apr-2427-May-24
NAHCO₦2.5613-May-2424-May-24
TRANSPOWER₦3.1322-Apr-2422-May-24
STANBIC₦2.2022-Apr-2417-May-24
UNILEVER₦0.7529-Apr-2410-May-24
DANGCEM₦30.0016-Apr-2429-Apr-24
UCAP₦1.8010-Apr-2423-Apr-24
ACCESSCORP₦1.8011-Apr-2419-Apr-24
TRANSCOHOT₦0.2016-Apr-2430-Apr-24
LAFAERGE₦1.902-Apr-2416-Apr-24
NGXGROUP₦0.7527-Mar-24TBA
GEREGU₦8.0028-Feb-2428-Mar-24
VITAFOAM1.5613-Feb-247-Mar-24

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