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NGX All-Share Index Declines by 0.18%

3 years ago 0
NGX

NGX

The bears continued to dominate the Lagos bourse as the NGX All-Share Index succumbed to a second successive loss, falling by 0.18% to close at 67,084.95 points. Specifically, selloffs in MTNN (-0.40%), ZENITHBANK (-0.75%), and GTCO (-1.55%) dragged the overall market offsetting gains in NESTLE (+2.94%), UBA (+0.27%), and ACCESSCORP (+0.59%). Howbeit, the market remains on track for a week of gain. The year-to-date (YTD) return slipped to 30.89%, while the market capitalisation contracted by ₦66.59bn to close at ₦36.86trn.

Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 15.88%. A total of 267.65m shares valued at ₦5.11bn were exchanged in 5,205 deals. FIDELITYBK (-1.82%) led the volume chart with 39.83m units traded, while NESTLE (+2.94%) led the value chart in deals worth ₦1.75bn.

Market breadth closed negative at a 1.73-to-1 ratio with declining issues outnumbering declining ones. INTBREW (-9.78%) led eighteen (18) others on the laggard’s log while UACN (+6.09%) topped ten (10) others on the leader’s table.

Find below key highlights of market activities

Indicators Current Change (%) YTD
All-Share Index 67,084.95 -0.18 30.89
Market Cap. (₦ ‘trillion) 36.86 -0.18 32.03
Volume (millions) 267.65 -18.81
Value (₦ ‘billion) 5.11 15.88

Dividend Information for 2023

Company Dividend (Bonus) Closure Date Payment Date
ACCESSCORP ₦0.30 (interim) 6-Oct-23 19-Oct-23
UBA ₦0.50 (interim) 27-Sep-23 6-Oct-23
ZENITHBANK ₦0.50 (interim) 25-Sep-23 29-Sep-23
STANBIC N1.50 (interim) 13-Sep-23 27-Sep-23
GTCO ₦0.50 (interim) 15-Sep-23 25-Sep-23
FIDELITYBK N 0.25 (interim) 15-Sep-23 22-Sep-23
CUSTODIAN ₦0.15 (interim) 21-Aug-23 5-Sep-23
SEPLAT ENERGY 3 US CENTS (interim) 18-Aug-23 30-Aug-23
MTNN ₦5.60  (interim) 17-Aug-23 24-Aug-23
NGXGROUP ₦0.25 31-Jul-23 31-Aug-23
BUACEMENT ₦2.80 14-Aug-23 24-Aug-23
FBNH ₦0.50 9-Aug-23 16-Aug-23
AIRTELAFRI 3.27 22-Jun-23 26-Jul-23
TOTAL ₦21.00 26-Apr-23 2-Jun-23
NESTLE ₦36.50 24-Apr-23 18-May-23
WAPCO ₦2.00 11-Apr-23 28-Apr-23
NB ₦1.03 17-Mar-23 26-Apr-23
DANGCEM ₦20.00 31-Mar-23 24-Apr-23
DANGSUGAR ₦1.50 27-Mar-23 15-Apr-23
GEREGU ₦8.00 28-Feb-23 29-Mar-23

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Lagos Business News (LBN) is Nigeria’s leading online business news platform for recent and detailed reports. At Lagos Business News (LBN), we are determined at changing the face of business reporting in Nigeria through professionalism and ample knowledge of the journalism practices, while providing adequate information and platform for businesses in Lagos and across the country to thrive.

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