Home Stock Market NGX All-Share Index sustains losses, down 1.31%

NGX All-Share Index sustains losses, down 1.31%

by Business News Report

The bears continued to dominate the domestic bourse, as the All-Share Index sheds 1.31% to close at 100,582.89 points. Sustained selloffs in Teir-1 banking name, FBNH (-9.97%),  GTCO (-8.75%) and ZENITHBANK (-5.94%), overturned gains in PZ (+10.00%), MANSARD (+1.53%) and NAHCO (+0.69%) causing  a drag in the market. As a result, the year-to-date return on the index fell to 32.76%, while the market capitalisation lost ₦720.57bn to close at ₦54.32tn. 

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 4.80%. A total of 396.23m shares valued at ₦5.83bn were exchanged in 10,549 deals. TRANSCORP (-2.62%) led the volume chart with 52.57m units traded while ZENITHBANK (-5.94%) led the value chart with deals worth ₦1.00bn.

Market breadth closed negative at a 12.50-to-1 ratio with declining issues outnumbering the advancing ones. NB (-10.00%) topped forty-nine (49) others on the laggard’s table while PZ (+10.00%) led three (3) others on the leader’s log.

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index99,266.02-1.3132.76
Market Cap. (₦ ‘trillion)54.32-1.3132.75
Volume (millions)396.2341.28
Value (₦ ‘billion)5.83-4.80
Dividend Information for 2023
CompanyDividend (Bonus)Closure DatePayment Date
SEPLAT ENERGY$0.03 (Q3 interim)13-Nov-2324-Nov-23
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
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
SEPLAT ENERGY3 US CENTS (interim)18-Aug-2330-Aug-23
MTNN₦5.60  (interim)17-Aug-2324-Aug-23
NGXGROUP₦0.2531-Jul-2331-Aug-23
BUACEMENT₦2.8014-Aug-2324-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
WAPCO₦2.0011-Apr-2328-Apr-23
NB₦1.0317-Mar-2326-Apr-23
DANGCEM₦20.0031-Mar-2324-Apr-23
DANGSUGAR₦1.5027-Mar-2315-Apr-23
GEREGU₦8.0028-Feb-2329-Mar-23

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