Home Finance NGX All-Share Index extends losing streak, down 1.04%

NGX All-Share Index extends losing streak, down 1.04%

by Business News Report

Extending its losing streak for the fifth successive session, the domestic bourse ended lower as the benchmark Index tumbled by 1.04% to settle at 54,915.61 points. Bearish sentiment in telco heavyweight, MTNN (-4.95%) alongside GTCO (-1.20%) and WAPCO (-1.96%)  drove the market’s weak performance. Consequently, the year-to-date (YTD) return fell to 7.15%, with market capitalisation losing ₦313.02bn to close at ₦29.92trn.

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 55.66%. A total of 137.29m shares valued at ₦1.51bn were exchanged in 3,489 deals. TRANSCORP (-4.44%) led the volume chart with 26.09m units traded, while ZENITHBANK (+2.52%) led the value chart in deals worth ₦353.89m.

Market breadth closed negative at a 2.83-to-1 ratio, with declining issues outnumbering advancing ones. ETI (-10.00%) topped sixteen (16) others on the laggard’s log, while CHAMS (+8.70%) led five (5) others on the leader’s table.

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index54,915.61-1.047.15
Market Cap. (₦ ‘trillion)29.92-1.047.17
Volume (millions)137.29-24.23
Value (₦ ‘billion)1.51-55.66

Dividend Information for 2023

CompanyDividend (Bonus)Closure DatePayment Date
BUACEMENT₦2.80  (final)11-Aug-2324-Aug-23
NESTLE₦36.50  (final)28-Apr-2318-May-23
SEPLAT$0.075 (final)19-Apr-2310-May-23
WAPCO₦2.00 (final)11-Apr-2328-Apr-23
NB₦1.03 (final)17-Mar-2326-Apr-23
DANGCEM₦20.00  (final)31-Mar-2324-Apr-23
MTNN₦10.00  (final)28-Mar-2320-Apr-23
DANGSUGAR₦1.50  (final)27-Mar-2315-Apr-23
GEREGU₦8.00  (final)28-Feb-2329-Mar-23

Related Posts