Home News NGX All-Share Index halts bullish run, down 0.02%

NGX All-Share Index halts bullish run, down 0.02%

by Business News Report

Today, the NGX All-Share Index relapsed by 0.02% to close at 54,924.08 points – halting two days of successive rally on the local bourse. Selloffs in GTCO (-0.20%) and ACCESSCORP (-2.25%) offset renewed demand for ZENITHBANK (+0.20%) and TRANSCORP (+5.38%), driving the weak performance. Nevertheless, the market remains on track for a weekly  gain in the month. The ASI’s year-to-date (YTD) return decreased to 7.17%, while the market capitalization lost ₦6.55bn to close at ₦29.92trn. 

Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 5.13%. A total of 117.85m shares valued at ₦1.40bn were exchanged in 2,575 deals. TRANSCORP (+5.38%) led the volume chart with 23.40m units while MTNN (0.00%) led the value chart in deals worth ₦370.21m.

Market breadth closed negative at a 1.40-to-1 ratio with declining issues outnumbering advancing ones. LINKASSURE (-8.70%) topped thirteen (13) others on the laggard’s log, while TRANSCOHOT (+8.32%) led nine (9) others on the leader’s table.

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index54,924.08-0.027.17
Market Cap. (₦ ‘trillion)29.92-0.027.18
Volume (millions)117.85-12.15
Value (₦ ‘billion)1.405.13

Dividend Information for 2023

CompanyDividend (Bonus)Closure DatePayment Date
BUACEMENT₦2.80  (final)11-Aug-2324-Aug-23
STANBIC₦2.00  (final)12-Apr-2326-May-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

Source: Coronation

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