Home Finance NGX All-Share Index extends gains, up 0.25%

NGX All-Share Index extends gains, up 0.25%

by Business News Report

Today, the Lagos bourse extended gains for the second consecutive session as the benchmark Index ended 0.25% stronger to close at 71,014.34 points. Gains in MTNN (+0.21%), BUACEMENT (+1.96%) and GTCO (+1.93%) outweighed losses in ZENITHBANK (-1.89%), DANGSUGAR (-0.16%) and UBA (-0.48%). As a result, the ASI year-to-date (YTD) rose to 38.56%, while market capitalization increased by ₦113.07bn to close at ₦39.05trn.

Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 82.89%. A total of 297.35m shares valued at ₦6.16bn were exchanged in 6,172 deals. OANDO (+10.00%) led the volume chart with 27.97m units while NESTLE (+2.44%) led the value chart in deals worth ₦2.34bn.

Market breadth closed positive at a 1.67-to-1 ratio with advancing issues outnumbering declining ones. OANDO (+10.00%), topped twenty one (21) others on the leader’s table, while SOVRENINS (-8.82%) led fourteen (14) others on the laggard’s table.

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index71014.340.2538.56
Market Cap. (₦ ‘trillion)39.050.2939.90
Volume (millions)297.35-30.98
Value (₦ ‘billion)6.16-56.54

Dividend Information for 2023

CompanyDividend (Bonus)Closure DatePayment Date
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
STANBIC₦1.50 (interim)13-Sep-2327-Sep-23
GTCO₦0.50 (interim)15-Sep-2325-Sep-23
FIDELITYBK₦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
AIRTELAFRI3.27 CENTS22-Jun-2326-Jul-23

Source: Coronation

Related Posts