NGX All-Share Index Extends Gains, up 0.31%

The Lagos bourse closed higher as the benchmark index gained 0.31% to settle at 52,580.86 points. Sustained interests in ZENITHBANK (+2.65%), GTCO (+4.18%) and FBNH (+0.83%) kept the market in the positive territory. As a result, the year-to-date (YTD) return rose to 2.59%, while market capitalization gained ₦87.95bn to close at ₦28.63trn.

Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 16.24%. A total of 680.80m shares valued at ₦7.89bn were exchanged in 6,666 deals. FIDELITYBK (-2.12%) led the volume chart with 254.05m units traded, while GTCO (+4.18%) led the value chart in deals worth ₦1.57bn.

Market breadth closed positive at a 1.67-to-1 ratio with advancing issues outnumbering declining ones. NB (+9.63%) led twenty-four (24) others on the leader’s log while TRANSCORP (-5.23%) topped fourteen (14) others on the laggard’s table.

Find below key highlights of market activities

Indicators	Current	Change (%)	YTD
All-Share Index	52,580.86	0.31	2.59
Market Cap. (₦ ‘trillion)	28.63	0.31	2.56
Volume (millions)	680.80	18.02
Value (₦ ‘billion)	7.89	16.24

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	10-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