Home Stock Market NGX All-Share Index manages to eke out 2bps

NGX All-Share Index manages to eke out 2bps

by Business News Report

Today, activity on the Lagos bourse was somewhat flattish as the benchmark index managed to eke out a meagre 2bps gain to close at 54,507.66 points. Investors interest in Tier-1 banking names, ZENITHBANK (+0.20%), GTCO (+0.20%), and FBNH (+0.86%) managed to drive the market’s overall performance. Consequently, the year-to-date (YTD) return rose slightly to 6.35%, while market capitalisation gained ₦6.18bn to close at ₦29.69trn.

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 23.50%. A total of 134.46m shares valued at ₦4.36bn were exchanged in 2,905 deals. GTCO (+0.02%) led the volume chart with 42.35m shares traded while SEPLAT (+0.00%) led the value chart  in deals worth ₦1.18bn.

Market breadth closed flat. LINKASSURE (+7.14%) topped thirteen (13) others on the leader’s log  while SOVRENINS (-6.67%) led thirteen (13) others on the laggard’s table.

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index54,507.660.026.35
Market Cap. (₦ ‘trillion)29.690.026.35
Volume (millions)134.46-24.43
Value (₦ ‘billion)4.36-23.50
CompanyDividend (Bonus)Closure DatePayment Date
GEREGU₦8.00  (final)TBATBA
MTNN₦10  (final)28-Mar-2320-Apr-23
SEPLAT$0.025 (interim)11-Nov-226-Dec-22
ACCESSCORP₦0.20 (interim)28-Sep-2212-Oct-22

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