Home Status Report NGX All-Share Index halts winning streak, loses 0.75%

NGX All-Share Index halts winning streak, loses 0.75%

by Business News Report

Today, the domestic bourse ended its four-day winning streak as the benchmark index shed 0.75% to close at 52,209.06 points. Selloffs in industrial heavyweight, BUACEMENT (-8.02%) as well as ZENITHBANK (-0.41%) and STANBIC (-1.33%) underpinned the market’s weak performance despite gains in MTNN (+0.04%), BUAFOODS (+2.63%) and ACCESSCORP (+4.95%). Consequently, the year-to-date (YTD) return fell to 1.87%, while market capitalization lost ₦216.28bn to close at ₦28.43trn.

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 16.48%. A total of 554.31m shares valued at ₦5.96bn were exchanged in 5,168 deals. ACCESSCORP (+4.95%) led volume and value charts with 139.29m units traded in deals worth ₦1.47bn.

Market breadth closed positive at a 1.69-to-1 ratio with advancing issues outnumbering declining ones. ARDOVA (+10.00%) topped twenty-six (26) others on the leader’s log while BUACEMENT (-8.02%) topped fifteen (15) others on the laggard’s table.

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index52,209.06-0.751.87
Market Cap. (₦ ‘trillion)28.43-0.761.84
Volume (millions)554.31-13.52
Value (₦ ‘billion)5.96-16.48

Dividend Information for 2023

CompanyDividend (Bonus)Closure DatePayment Date
BUACEMENT₦2.8014-Aug-2324-Aug-23
TOTAL₦21.0026-Apr-232-Jun-23
STANBIC₦2.0012-Apr-2326-May-23
ACCESSCORP₦1.3010-May-2324-May-23
NESTLE₦36.5024-Apr-2318-May-23
GTCO₦2.802-May-2311-May-23
SEPLAT$0.075 (final)19-Apr-2316-May-23
ZENITHBANK₦2.9017-Apr-232-May-23
WAPCO₦2.0011-Apr-2328-Apr-23
UBA₦0.9017-Apr-2327-Apr-23
NB₦1.0317-Mar-2326-Apr-23
DANGCEM₦20.0031-Mar-2324-Apr-23
MTNN₦10.0028-Mar-2320-Apr-23
DANGSUGAR₦1.5027-Mar-2315-Apr-23
GEREGU₦8.0028-Feb-2329-Mar-23

Related Posts