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NGX All-Share Index Ends the Month Positive, Gains 0.11%

3 years ago 0
NGX

NGX

Closing the month, the Lagos bourse closed higher as the benchmark index gained 0.11% to settle at 71,365.25 points. Gains in telco heavyweight AIRTELAFRI (+0.56%), alongside GTCO (+1.43%) and ACCESSCORP (+0.56%) drove the overall market’s performance offsetting losses in ZENITHBANK (-2.71%), DANGSUGAR (-1.69%) and FIDELITYBK (-0.56%). As a result, the year-to-date (YTD) return rose to 39.25%, while market capitalisation gained ₦44.16bn to close at ₦39.05trn.

Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 54.95%. A total of 540.09m shares valued at ₦10.24bn were exchanged in 6,516 deals. GTCO (+1.43%) led both the volume and value charts with 67.23m units traded in deals worth ₦2.60bn.

Market breadth closed negative at a 1.24-to-1 ratio, with declining issues outnumbering advancing ones. NSLTECH (-9.72%) led thirty (30) others on the laggard’s table, while NNFM (+10.00%) topped twenty-four (24) others on the leader’s log.

Find below key highlights of market activities.

Indicators Current Change (%) YTD
All-Share Index 71,365.25 0.11 39.25
Market Cap. (₦ ‘trillion) 39.05 0.11 39.90
Volume (millions) 540.09 49.77
Value (₦ ‘billion) 10.24 54.95

Dividend Information for 2023

Company Dividend (Bonus) Closure Date Payment Date
SEPLAT ENERGY $0.03 (Q3 interim) 13-Nov-23 24-Nov-23
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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