Finance
NGX All-Share Index recovers, gains 0.99%
The local bourse bounced back today, paring previous session losses, as the benchmark Index surged 0.99% to close at 74,502.58 points. Interests in telco heavyweight, MTNN (+4.58%), alongside ZENITHBANK (+0.53%) and STANBIC (+8.20%) pushed the broader index into positive terrain, offsetting the losses in GTCO (-0.50%), UBA (-1.57%) and ACCESSCORP (-0.22%). As a result, the year-to-date (YTD) return rose to 45.37%, while the market capitalisation gained ₦401.63bn to close at ₦40.77trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 56.20%. A total of 384.58m shares valued at ₦5.67bn were exchanged in 8,336 deals. JAIZBANK(+6.32%) led the volume chart with 49.40m units traded while ZENITHBANK (+0.53%) led the value chart with deals worth ₦1.06bn.
Market breadth closed positive at a 1.22-to-1 ratio with advancing issues outnumbering the declining ones. IKEJAHOTEL (+10.00%) topped thirty-two (32) others on the leader’s table while UACN (-10.00%) led twenty-six (26) others on the laggard’s log.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 74,502.58 | 0.99 | 45.37 |
| Market Cap. (₦ ‘trillion) | 40.77 | 0.99 | 46.05 |
| Volume (millions) | 384.58 | -11.17 | |
| Value (₦ ‘billion) | 5.67 | -56.20 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| SEPLAT ENERGY | $0.03 (Q3 interim) | 13-Nov-23 | 24-Nov-23 |
| 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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