Finance
NGX All-Share Index declines by 0.18%
The bears continued to dominate the Lagos bourse as the NGX All-Share Index succumbed to a second successive loss, falling by 0.18% to close at 67,084.95 points. Specifically, selloffs in MTNN (-0.40%), ZENITHBANK (-0.75%), and GTCO (-1.55%) dragged the overall market offsetting gains in NESTLE (+2.94%), UBA (+0.27%), and ACCESSCORP (+0.59%). Howbeit, the market remains on track for a week of gain. The year-to-date (YTD) return slipped to 30.89%, while the market capitalisation contracted by ₦66.59bn to close at ₦36.86trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 15.88%. A total of 267.65m shares valued at ₦5.11bn were exchanged in 5,205 deals. FIDELITYBK (-1.82%) led the volume chart with 39.83m units traded, while NESTLE (+2.94%) led the value chart in deals worth ₦1.75bn.
Market breadth closed negative at a 1.73-to-1 ratio with declining issues outnumbering declining ones. INTBREW (-9.78%) led eighteen (18) others on the laggard’s log while UACN (+6.09%) topped ten (10) others on the leader’s table.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 67,084.95 | -0.18 | 30.89 |
| Market Cap. (₦ ‘trillion) | 36.86 | -0.18 | 32.03 |
| Volume (millions) | 267.65 | -18.81 | |
| Value (₦ ‘billion) | 5.11 | 15.88 |
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-23 |
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