NGX All-Share Index Ends The Week Positive, Gains 0.12% w/w

Closing the week, the Lagos bourse ended the session on a positive note, bringing the All-Share index up by 0.34% to close at 52,466.52 points. Investors interest in SEPLAT (+5.35%), ZENITHBANK (+0.21%), and GTCO (+0.21%) offset losses in MTNN (-0.04%) keeping the market in the green. As a result, having gained in two out of four trading sessions this week, the ASI closed 0.12% higher w/w.

During the week, positive performances across MTNN (+0.09% w/w), SEPLAT (+5.35% w/w) and ZENITH (+5.48% w/w) were sufficient to offset the losses in GTCO (-3.22% w/w), STANBIC (-0.13% w/w) and GEREGU (-10.00% w/w). As a result, the year-to-date (YTD) return rose to 2.37%, while the market capitalization gained ₦34.31bn w/w to close at ₦28.57trn.

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 19.49%. A total of 482.59m shares valued at ₦5.64bn were exchanged in 5,298 deals. ACCESSCORP (+5.14%) led volume and value charts with 168.78m units traded in deals worth ₦1.85bn.

Market breadth closed positive at a 3.22-to-1 ratio with advancing issues outnumbering declining ones. CUSTODIAN (+9.65%) topped twenty-eight (28) others on the leader’s log while TRANSCORP (-9.77%) topped eight (8) others on the laggard’s table.

Find below key highlights of market activities

Indicators	Current	Change (%)	YTD
All-Share Index	52,466.52	0.34	2.37
Market Cap. (₦ ‘trillion)	28.57	0.34	2.34
Volume (millions)	482.59	-62.00
Value (₦ ‘billion)	5.64	-19.49

Dividend Information for 2023

Company	Dividend (Bonus)	Closure Date	Payment Date
BUACEMENT	₦2.80	14-Aug-23	24-Aug-23
TOTAL	₦21.00	26-Apr-23	2-Jun-23
STANBIC	₦2.00	12-Apr-23	26-May-23
ACCESSCORP	₦1.30	9-May-23	24-May-23
NESTLE	₦36.50	24-Apr-23	18-May-23
GTCO	₦2.80	2-May-23	11-May-23
SEPLAT	$0.075 (final)	19-Apr-23	16-May-23
ZENITHBANK	₦2.90	17-Apr-23	2-May-23
WAPCO	₦2.00	11-Apr-23	28-Apr-23
UBA	₦0.90	17-Apr-23	27-Apr-23
NB	₦1.03	17-Mar-23	26-Apr-23
DANGCEM	₦20.00	31-Mar-23	24-Apr-23
MTNN	₦10.00	28-Mar-23	20-Apr-23
DANGSUGAR	₦1.50	27-Mar-23	15-Apr-23
GEREGU	₦8.00	28-Feb-23	29-Mar-23