Home Stock Market NGX All-Share Index posts rebound, gains 0.42%

NGX All-Share Index posts rebound, gains 0.42%

by Business News Report

Recovering from the previous session’s loss, the domestic bourse posted gains as the benchmark index rose by 0.42%  to close at 56,038.85 points. Renewed demand for index heavyweight, AIRTELAFRI (+1.96%) alongside ZENITHBANK (+0.18%), and STANBIC (+5.45%)  contributed to outweigh losses in GTCO (-0.89%), ACCESSCORP (-0.40%), and FBNH (-0.37%), keeping the market in the green. As a result, the year-to-date (YTD) return rose to 9.34%, while market capitalisation gained ₦126.38bn to close at ₦30.51trn.

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 70.64%. A total of 322.49m shares valued at ₦5.82bn were exchanged in 6,165 deals. UBA (-1.06%) led the volume chart with 47.13m units traded, while AIRTELAFRI  (+1.96%) led the value chart in deals worth ₦1.76bn.

Market breadth closed positive at a 1.38-to-1 ratio with advancing issues outnumbering declining ones. ETERNA (+9.85%), topped twenty-one (21) others on the leader’s table, while UACN (-5.08%) led fifteen (15) others on the laggard’s table.

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index56,038.850.429.34
Market Cap. (₦ ‘trillion)30.510.429.31
Volume (millions)322.49-12.79
Value (₦ ‘billion)5.82-70.64

Dividend Information for 2023

CompanyDividend (Bonus)Closure DatePayment Date
BUACEMENT₦2.80  (final)14-Aug-2324-Aug-23
TOTAL₦21.00  (final)26-Apr-232-Jun-23
STANBIC₦2.00  (final)12-Apr-2326-May-23
ACCESSCORP₦1.30  (final)9-May-2324-May-23
NESTLE₦36.50  (final)24-Apr-2318-May-23
GTCO₦2.80  (final)2-May-2311-May-23
SEPLAT$0.075 (final)19-Apr-2316-May-23
ZENITHBANK₦2.90  (final)17-Apr-232-May-23
WAPCO₦2.00 (final)11-Apr-2328-Apr-23
UBA₦0.90 (final)17-Apr-2327-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

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