Finance

NGX All-Share Index rebounds, up 0.27%

Published

3 years ago

July 20, 2023

The Lagos bourse rebounded after yesterday’s pullback as the benchmark Index gained 0.27% to close at 63,930.72 points. Gains in ZENITHBANK (+0.16%), GEREGU (+5.71%), and GTCO (+0.57%) pushed the broader index into positive territory. Accordingly, the market remains on for a week of gain. Consequently, the year-to-date (YTD) return rose to 24.74%, while market capitalisation gained ₦94.46bn to close at ₦34.81trn

Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 79.21%. A total of 1.36bn shares valued at ₦18.07bn were exchanged in 7,179 deals. UBA (+2.65%) led the volume and value charts with 961.50m units traded in deals worth ₦13.31bn.

Market breadth closed positive at a 1.75-to-1 ratio, with advancing issues outnumbering declining ones. UPL (+10.00%) led twenty-seven (27) others on the gainer’s log, while COURTVILLE (-9.86%) topped fifteen (15) others on the laggard’s table.

Find below key highlights of market activities

Indicators	Current	Change (%)	YTD
All-Share Index	63,930.72	27	24.74
Market Cap. (₦ ‘trillion)	34.81	0.27	24.70
Volume (millions)	1,358.95	187.01
Value (₦ ‘billion)	18.07	79.21

Dividend Information for 2023

Company	Dividend (Bonus)	Closure Date	Payment Date
BUACEMENT	₦2.80	14-Aug-23	24-Aug-23
FBNH	₦0.50	09-Aug-23	16-Aug-23
TOTAL	₦21.00	26-Apr-23	02-Jun-23
STANBIC	₦2.00	12-Apr-23	26-May-23
ACCESSCORP	₦1.30	09-May-23	24-May-23
NESTLE	₦36.50	24-Apr-23	18-May-23
GTCO	₦2.80	02-May-23	11-May-23
SEPLAT	$0.08	19-Apr-23	16-May-23
ZENITHBANK	₦2.90	17-Apr-23	02-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