Home Finance NGX All-Share Index recovers, gains 0.20%

NGX All-Share Index recovers, gains 0.20%

by Business News Report

Ending four uninterrupted sessions of losses, Nigerian equities recovered as the benchmark Index rose by 0.20% to settle at 53,603.80 points. Bullish sentiment in index heavyweight, DANGCEM (+5.07%) alongside ZENITHBANK (+2.80%), GTCO (+1.61%) and WAPCO (+1.98%) pushed the broader index into positive territory. Consequently, the year-to-date (YTD) return rose to 4.59%, while the market capitalisation gained ₦57.49bn to close at ₦29.20trn.

Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 58.74%. A total of 236.07m shares valued at ₦3.26bn were exchanged in 3,906 deals. TRANSCORP (+7.14%) led the volume chart with 91.39m units traded, while ZENITHBANK (+2.80%) led the value chart in deals worth ₦696.21m.

Market breadth closed positive at a 1.73-to-1 ratio with advancing issues outnumbering declining ones. OANDO (+9.84%) topped eighteen (18) others on the leader’s log, while MAYBAKER (-8.70%) led ten (10) others on the laggard’s table.

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index53,603.800.204.59
Market Cap. (₦ ‘trillion)
Volume (millions)236.0716.38
Value (₦ ‘billion)3.2658.74

Dividend Information for 2023

CompanyDividend (Bonus)Closure DatePayment Date
BUACEMENT₦2.80  (final)11-Aug-2324-Aug-23
STANBIC₦2.00  (final)12-Apr-2326-May-23
NESTLE₦36.50  (final)28-Apr-2318-May-23
SEPLAT$0.075 (final)19-Apr-2310-May-23
ZENITHBANK₦3.20  (final)17-Apr-232-May-23
WAPCO₦2.00 (final)11-Apr-2328-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

Source: Coronation

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