Home Finance NGX All-Share Index opens the week bullish, gains 0.59%

NGX All-Share Index opens the week bullish, gains 0.59%

by Business News Report

Opening the week, the local bourse rebounded, up 0.59% – recovering some prior week losses to settle at 66,770.97 points. Renewed investor interest in BUACEMENT (+9.94%), ZENITHBANK (+0.16%) and GTCO (+2.18%) were the primary drivers of the overall market’s strong performance outweighing the decline in MTNN (-1.52%), FBNH (-0.61%) and  WAPCO (-1.50%). As a result, the year-to-date (YTD) return rose to 30.28%, while market capitalisation gained ₦212.81bn to close at ₦35.54trn.

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 15.02%. A total of 364.32m shares valued at ₦3.85 billion were exchanged in 7,537 deals. FIDELITYBK (+1.20%) led the volume chart with 33.22m units traded while GTCO (+2.18%) led the value chart in deals worth ₦752.68m.

Market breadth closed positive at a 1.11-to-1 ratio with advancing issues outnumbering declining ones. BUACEMENT (+9.94%) led nineteen (19) others on the leader’s log while LINKASSURE (-10.00%) topped seventeen (17) others on the laggard’s table.

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index66,770.970.5930.28
Market Cap. (₦ ‘trillion)36.540.5930.91
Volume (millions)364.3224.37
Value (₦ ‘billion)3.85-15.02

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
STANBICN1.50 (interim)13-Sep-2327-Sep-23
GTCO₦0.50 (interim)15-Sep-2325-Sep-23
FIDELITYBKN 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
NGXGROUP₦0.2531-Jul-2331-Aug-23
BUACEMENT₦2.8014-Aug-2324-Aug-23
FBNH₦0.509-Aug-2316-Aug-23
AIRTELAFRI3.2722-Jun-2326-Jul-23
TOTAL₦21.0026-Apr-232-Jun-23
NESTLE₦36.5024-Apr-2318-May-23
WAPCO₦2.0011-Apr-2328-Apr-23
NB₦1.0317-Mar-2326-Apr-23
DANGCEM₦20.0031-Mar-2324-Apr-23
DANGSUGAR₦1.5027-Mar-2315-Apr-23
GEREGU₦8.0028-Feb-2329-Mar-23a

Source: Coronation

Related Posts