NGX All-Share Index Edges Higher, Up 2.04%
NGX
Sustained buy interests in industrial heavyweights namely, DANGCEM (+8.27%), BUACEMENT (+8.96%) alongside MTNN (+0.03%) offset losses in ZENITHBANK (-1.99%), GTCO (-2.15%) and UBA (-4.62%), keeping the market in the green.
Consequently, the benchmark index posted a 2.04% gain to settle at 91,896.97 points. The year-to-date (YTD) return rose to 22.90%, while market capitalisation gained ₦1.01trn to close at ₦50.29trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 17.78%. A total of 1.14bn shares valued at ₦19.29bn were exchanged in 17,804 deals. TRANSCORP (+9.46%) led both the volume and value chart with 156.62m units traded in deals worth ₦2.96bn.
Market breadth closed negative at a 1.35-to-1 ratio with declining issues outnumbering the advancing ones. IKEJAHOTEL (-9.79%) topped forty-one (41) others on the laggard’s table while ETERNA (-10.00%) led thirty (30) others on the laggard’s log.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 91,896.97 | 2.04 | 22.90 |
| Market Cap. (₦ ‘trillion) | 50.29 | 2.04 | 22.91 |
| Volume (millions) | 1,140.38 | -12.16 | |
| Value (₦ ‘billion) | 19.29 | 17.78 |
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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