Finance

NGX All-Share Index recovers, gains 0.12%

Published

3 years ago

August 2, 2023

Ending five uninterrupted sessions of losses, Nigerian equities recovered as the benchmark Index rose by 0.12% to settle at 64,267.36 points. Investor interests in FBNH (+1.12%), WAPCO (+4.32%) and NB (+2.70%) outweighed losses in BUAFOODS (-2.03%), ACCESSCORP (-0.30%) and UBA (-2.15%) keeping the market in the green. As a result, the year-to-date (YTD) return rose to 25.40%, with market capitalization gaining ₦40.90bn to close at ₦34.97trn.

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 44.62%. A total of 330.78m shares valued at ₦4.27bn were exchanged in 6,251 deals. TRANSCORP (+3.14%) led the volume chart with 58.83m units traded while FBNH (+1.12%) led the value chart in deals worth ₦502.76m.

Market breadth closed positive at a 1.71-to-1 ratio with advancing issues outnumbering declining ones. NASCON (+10.00%) led twenty-three (23) others on the leader’s table while, UPL (-9.78%) topped thirteen (13) others on the laggard’s log.

Find below key highlights of market activities

Indicators	Current	Change (%)	YTD
All-Share Index	64,267.36	0.12	25.40
Market Cap. (₦ ‘trillion)	34.97	0.12	25.28
Volume (millions)	330.78	-56.60
Value (₦ ‘billion)	4.27	-44.62

Dividend Information for 2023

Company	Dividend (Bonus)	Closure Date	Payment Date
NGXGROUP	₦0.50	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
STANBIC	₦2.00	12-Apr-23	26-May-23
ACCESSCORP	₦1.30	9-May-23	24-May-23
NESTLE	₦36.50	24-Apr-23	18-May-23
GTCO	₦2.80	2-May-23	11-May-23
SEPLAT	$0.08	19-Apr-23	16-May-23
ZENITHBANK	₦2.90	17-Apr-23	2-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