NGX All-Share Index gains 0.95% - Lagos Business News

Extending its winning streak for the fifth consecutive session, the Lagos bourse maintained the positive momentum as the benchmark index closed 0.95% stronger at 52,097.62 points. Gains in AIRTELAFRI (+4.34%), MTNN (+0.44%) and ZENITHBANK (+2.27%) kept the market in the green. As a result, the ASI’s year-to-date (YTD) return increased to 1.65%, while the market capitalization gained ₦267.42bn to close at ₦28.37trn.

Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 120.04%. A total of 6.48bn shares valued at ₦19.47bn were exchanged in 5,109 deals. Again, TRANSCORP (+9.67%) led the volume and value charts with 6.13bn units traded in deals worth ₦15.57bn.

Market breadth closed positive at a 6.5-to-1 ratio with advancing issues outnumbering declining ones. LIVESTOCK (+10.00%) and ACADEMY (+10.00%) topped thirty-seven (37) others on the leader’s log while FIDELTYBK (-6.57%) topped five (5) others on the laggard’s table.

Find below key highlights of market activities

Indicators	Current	Change (%)	YTD
All-Share Index	52,097.62	0.95	1.65
Market Cap. (₦ ‘trillion)	28.37	0.95	1.62
Volume (millions)	6,476.21	209.85
Value (₦ ‘billion)	19.47	120.04

Dividend Information for 2023

Company	Dividend (Bonus)	Closure Date	Payment Date
BUACEMENT	₦2.80 (final)	11-Aug-23	24-Aug-23
TOTAL	₦21.00 (final)	26-Apr-23	2-Jun-23
STANBIC	₦2.00 (final)	12-Apr-23	26-May-23
ACCESSCORP	₦1.50 (final)	9-May-23	24-May-23
NESTLE	₦36.50 (final)	28-Apr-23	18-May-23
GTCO	₦2.80 (final)	2-May-23	11-May-23
SEPLAT	$0.075 (final)	19-Apr-23	10-May-23
ZENITHBANK	₦2.90 (final)	17-Apr-23	2-May-23
WAPCO	₦2.00 (final)	11-Apr-23	28-Apr-23
UBA	₦0.90 (final)	17-Apr-23	27-Apr-23
NB	₦1.03 (final)	17-Mar-23	26-Apr-23
DANGCEM	₦20.00 (final)	31-Mar-23	24-Apr-23
MTNN	₦10.00 (final)	28-Mar-23	20-Apr-23
DANGSUGAR	₦1.50 (final)	27-Mar-23	15-Apr-23
GEREGU	₦8.00 (final)	28-Feb-23