Home Finance NGX All-Share Index post rebound, gains 0.33%

NGX All-Share Index post rebound, gains 0.33%

by Business News Report

Recovering from the previous session’s loss, the domestic bourse posted gains as the benchmark index rose by 0.33% to close at 70,840.72 points. Renewed demand for index heavyweight, BUACEMENT (+3.34%) alongside ZENITHBANK (+2.69%), and GTCO (+0.83%) contributed to outweigh losses in ACCESSCORP (-0.58%), TRANSCORP (-1.44%), and FIDELITYBK (-1.64%), keeping the market in the green. Consequently, the year-to-date (YTD) return rose to 38.22%, while market capitalisation gained ₦145.51bn to close at ₦38.94trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 56.54%. A total of 327.43m shares valued at ₦3.37bn were exchanged in 6,533 deals. JAPAULGOLD (+2.78%) led the volume chart with 44.70m units traded, while UBA  (+0.48%) led the value chart in deals worth ₦555.02m.
Market breadth closed positive at a 1.91-to-1 ratio with advancing issues outnumbering declining ones. MULTIVERSE (+9.31%), topped twenty (20) others on the leader’s table, while FTNCOCOA (-9.29%) led ten (10) others on the laggard’s table.

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index70,840.720.3338.22
Market Cap. (₦ ‘trillion)38.940.3839.50
Volume (millions)327.43-30.98
Value (₦ ‘billion)3.37-56.54

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
STANBIC₦1.50 (interim)13-Sep-2327-Sep-23
GTCO₦0.50 (interim)15-Sep-2325-Sep-23
FIDELITYBK₦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
AIRTELAFRI3.27 CENTS22-Jun-2326-Jul-23

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