Finance

NGX All-Share Index opens the week positive, gains 0.97%

Published

2 years ago

October 9, 2023

Opening the week, the local bourse rebounded, up 0.97% to settle at 67,101.33 points. Investors interest in industrial heavyweight, BUACEMENT (+10.00%) alongside WAPCO (+0.17%) and NB (+9.09%) were the primary drivers of the overall market’s positive performance outweighing losses in Tier-1 banking names, ZENITHBANK (-0.16%), GTCO(-0.42%) and ACCESSCORP (-0.62%). As a result, the year-to-date (YTD) return rose to 30.93%, while market capitalisation gained ₦355.46bn to close at ₦36.87trn.

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 61.23%. A total of 268.66m shares valued at ₦3.46bn were exchanged in 6,911 deals. ACCESSCORP (-0.62%) led the volume and value chart with 29.17m units traded in deals worth ₦465.98m.
Market breadth closed negative at a 1.25-to-1 ratio with declining issues outnumbering advancing ones. FTNCOCOA (-8.33%) led nineteen (19) others on the laggard’s log while BUACEMENT (+10.00%) topped fifteen (15) others on the leader’s table.

Find below key highlights of market activities

Indicators	Current	Change (%)	YTD
All-Share Index	67,101.33	0.97	30.93
Market Cap. (₦ ‘trillion)	36.87	0.97	32.06
Volume (millions)	268.66	-28.18
Value (₦ ‘billion)	3.46	-61.23

Dividend Information for 2023

Company	Dividend (Bonus)	Closure Date	Payment Date
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-23a