Home Stock Market NGX All-Share Index posts rebound, gains 0.84%

NGX All-Share Index posts rebound, gains 0.84%

by Business News Report

Snapping the bearish run, the domestic equities bounced back from losses earlier in the week, as the benchmark Index surged 0.84% to close at 98,156.71 points. Renewed investor interest in blue-chip AIRTELAFRI (+8.97%), alongside FIDELITYBK (+1.18%) and NB (+1.77%) buoyed the broader index, offsetting losses in ZENITHBANK (-2.40%), GTCO (-5.33%), and FBNH (-5.36%). However, the market remains on track for a weekly loss. The ASI year-to-date (YTD)  rose to 31.27%, with the market capitalisation increasing by ₦466.73bn to close at ₦55.53trn.

Analysis of today’s market activity showed that trade turnover settled 24.95% higher than the previous session, with 409.77 million shares valued at ₦8.93 billion in 7,296 transactions. CUSTODIAN (-0.49%) led the volume chart with 115.53m units traded, while AIRTELAFRI (+8.97%) led the value chart in deals worth ₦2.17bn.

Market breadth closed negative at a 0.63-to-1 ratio with declining issues outnumbering the advancing ones. ETERNA (-9.89%) topped twenty-three (23) others on the laggard’s table while ROYALEX (+10.00%) led fourteen (14) others on the leader’s log.

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index98,156.710.8431.27
Market Cap. (₦ ‘trillion)55.530.8535.70
Volume (millions)409.7715.25
Value (₦ ‘billion)8.9324.95

Dividend Information for 2023

CompanyDividend (Bonus)Closure DatePayment Date
BUA CEMENT₦2.0012-Aug-2429-Aug-24
SEPLAT ENERGY$0.0329-Apr-2429-May-24
DANGCEM₦30.0016-Apr-2429-Apr-24
ACCESSCORP₦1.8011-Apr-2419-Apr-24
LAFAERGE₦1.902-Apr-2416-Apr-24
NGXGROUP₦0.7527-Mar-24TBA
GEREGU₦8.0028-Feb-2428-Mar-24
VITAFOAM₦1.5613-Feb-247-Mar-24
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
MTNN₦5.60  (interim)17-Aug-2324-Aug-23
NGXGROUP₦0.2531-Jul-2331-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
NB₦1.0317-Mar-2326-Apr-23

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