Home Stock Market NGX All-Share Index snaps losing streak, up 4 bps

NGX All-Share Index snaps losing streak, up 4 bps

by Business News Report

Snapping three consecutive sessions of losses, the domestic bourse posted a 0.04% rebound to close at 51,138.92 points. Gains in GTCO (+0.60%), NB (+1.10%), and FBNH (+1.46%), drove the market’s recovery outweighing losses in ZENITHBANK (-0.91%), WAPCO (-0.21%), and ACCESSCORP (-0.56%). Consequently, the ASI’s year-to-date (YTD) return increased to -0.22%, while the market capitalization gained ₦6.04bn to close at ₦27.85trn.  

Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 220.17%. A total of 1.82bn shares valued at ₦5.02bn were exchanged in 4,669 deals. TRANSCORP (+9.73%) led the volume and value charts with 1.60bn units traded in deals worth ₦3.09bn.

Market breadth closed negative at a 1.13-to-1 ratio with declining issues outnumbering advancing ones. VITAFOAM (-8.65%) topped seventeen (17) others on the laggard’s log while TRANSCORP (+9.73%) topped fifteen (15) others on the leader’s table.

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index51,138.920.04-0.22
Market Cap. (₦ ‘trillion)27.850.02-0.22
Volume (millions)1,819.96703.18
Value (₦ ‘billion)5.02220.17

Dividend Information for 2023

CompanyDividend (Bonus)Closure DatePayment Date
BUACEMENT₦2.80  (final)11-Aug-2324-Aug-23
TOTAL₦21.00  (final)26-Apr-232-Jun-23
STANBIC₦2.00  (final)12-Apr-2326-May-23
NESTLE₦36.50  (final)28-Apr-2318-May-23
GTCO₦2.80  (final)2-May-2311-May-23
SEPLAT$0.075 (final)19-Apr-2310-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

Source: Coronation

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