Home Stock Market NGX All-Share Index sustains the bullish run, up 0.35%

NGX All-Share Index sustains the bullish run, up 0.35%

by Business News Report

The Lagos bourse sustained the bullish run as the benchmark index gained 0.35%  to close at 99,190.46 points. Sustained interest in TRANSPOWER (+10.00%), alongside renewed interest in GTCO (+0.48%), and ZENITHBANK (+0.14%) were enough to make up for selloffs in MTNN (-1.08%), UBA (-1.12%), and DANGSUGAR (-5.56%), keeping the market in the green.  As a result, the year-to-date  return rose to 32.65%, while market capitalisation gained ₦193.69tn to close at ₦56.08tn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 59.55%. A total of 398.13m shares valued at ₦31.79bn were exchanged in 10,976 deals. TRANSPOWER (+10.00%) led both the volume  and value charts  with 87.49m units traded in deals worth ₦25.41bn.
Market breadth closed negative at a 4.63-to-1 ratio with declining issues outnumbering the advancing ones. NASCON (-10.00%) topped thirty-six (34) others on the laggard’s table while TRANSPOWER (+10.00%) led seven (7) others on the leader’s log.

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index99,190.460.3532.65
Market Cap. (₦ ‘trillion)56.080.3537.06
Volume (millions)398.13-7.33
Value (₦ ‘billion)31.7959.55
Dividend Information for 2023
CompanyDividend (Bonus)Closure DatePayment Date
GEREGU₦8.0028-Feb-2428-Mar-24
VITAFOAM₦1.5613-Feb-247-Mar-24
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

Source: Coronation

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