Finance
NGX All-Share Index closes 2bps
The Lagos bourse ended mixed with a bearish tilt as the benchmark Index shed 0.02% to settle at 51,944.58 points. The loss puts the index on track for its fifth consecutive weekly loss. Gains in GTCO (+0.21%), WAPCO (+3.48%) and ACCESSCORP (+1.15%) were offset by losses in ZENITHBANK (-1.76%), NB (-0.41%) and FIDELITYBK (-5.47%). As a result, the ASI’s year-to-date (YTD) return fell to 1.35%, while the market capitalization shed ₦4.81bn to close at ₦28.30trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 13.20%. A total of 302.92m shares valued at ₦2.02bn were exchanged in 3,743 deals. TRANSCORP (+10.00%) led the volume chart with 107.21m units traded, while ZENITHBANK (-1.76%) led the value chart in deals worth ₦521.30m.
Market breadth closed negative at a 1.14-to-1 ratio with declining issues outnumbering advancing ones. MAYBAKER (-10.00%) topped fifteen (15) others on the laggard’s table while TRANSCORP (+10.00%) topped thirteen (13) others on the leader’s log.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 51,944.58 | -0.02 | 1.35 |
| Market Cap. (₦ ‘trillion) | 28.30 | -0.02 | 1.36 |
| Volume (millions) | 302.92 | 18.72 | |
| Value (₦ ‘billion) | 2.02 | 13.20 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| BUACEMENT | ₦2.80 (final) | 11-Aug-23 | 24-Aug-23 |
| TOTAL | ₦21.00 (final) | 26-Apr-23 | 2-Jun-23 |
| STANBIC | ₦2.00 (final) | 12-Apr-23 | 26-May-23 |
| NESTLE | ₦36.50 (final) | 28-Apr-23 | 18-May-23 |
| SEPLAT | $0.075 (final) | 19-Apr-23 | 10-May-23 |
| ZENITHBANK | ₦3.20 (final) | 17-Apr-23 | 2-May-23 |
| WAPCO | ₦2.00 (final) | 11-Apr-23 | 28-Apr-23 |
| UBA | ₦0.90 (final) | 17-Apr-23 | 27-Apr-23 |
| NB | ₦1.03 (final) | 17-Mar-23 | 26-Apr-23 |
| DANGCEM | ₦20.00 (final) | 31-Mar-23 | 24-Apr-23 |
| MTNN | ₦10.00 (final) | 28-Mar-23 | 20-Apr-23 |
| DANGSUGAR | ₦1.50 (final) | 27-Mar-23 | 15-Apr-23 |
| GEREGU | ₦8.00 (final) | 28-Feb-23 | 29-Mar-23 |
Source: Coronation
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