Finance
NGX All-Share Index posts gains, up 0.10%
In the first trading session of the week, the local bourse posted gains as the benchmark index gained 0.10% to close at 98,847.89 points. Investors interest in BUACEMENT (+4.44%), GEREGU (+2.35%), and TRANSPOWER (+10.00%) contributed to outweigh selloffs in MTNN (-7.82%), GTCO (-0.48%), and ZENITHBANK (-0.14%), keeping the market in the green. Consequently, the year-to-date return rose to 32.20%, while market capitalization gained ₦1.85tn to close at ₦55.89tn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 193.76%. A total of 429.64m shares valued at ₦19.92bn were exchanged in 10,749 deals. TRANSCORP (+9.94%) led the volume chart with 203.43m units traded while TRANSPOWER (+10.00%) led the value chart with deals worth ₦10.56bn.
Market breadth closed negative at a 0.92-to-1 ratio with declining issues outnumbering the advancing ones. DANGSUGAR (-10.00%) topped twenty-four (24) others on the laggard’s table while TRANSPOWER (+10.00%) led twenty-two (22) others on the leader’s log.
| Find below key highlights of market activities. |
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 98,847.89 | 0.10 | 32.20 |
| Market Cap. (₦ ‘trillion) | 55.89 | 3.43 | 36.59 |
| Volume (millions) | 429.64 | 16.87 | |
| Value (₦ ‘billion) | 19.92 | 193.76 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| GEREGU | ₦8.00 | 28-Feb-24 | 28-Mar-24 |
| VITAFOAM | ₦1.56 | 13-Feb-24 | 7-Mar-24 |
| 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 |
Source: Coronation
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