Finance

NGX All-Share Index ends winning streak, down 0.20%

Published

3 years ago

May 25, 2023

Today, the domestic bourse ended its four-day winning streak as the benchmark index shed 0.20% to close at 52,821.60 points. Selloffs in GEREGU (-4.78%), GTCO (-1.47%), and ACCESSCORP (-1.35%) underpinned the market’s weak performance despite gains in MTNN (+0.09%), STANBIC (+0.13%) and UBA (+0.57%). As a result, the year-to-date (YTD) return fell to 3.06%, while market capitalisation lost ₦57.70bn to close at ₦28.76trn.

Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 17.16%. A total of 377.14m shares valued at ₦9.18bn were exchanged in 5,879 deals. UBA (+0.57%) led the volume chart with 86.17m units traded while GEREGU (-4.78%) led the value chart in deals worth ₦3.92bn.

Market breadth closed negative at a 1.11-to-1 ratio with declining issues outnumbering advancing ones. CONOIL (-9.92%) led nineteen (19) others on the leader’s log while FTN (+8.77%) topped seventeen (17) others on the leader’s table.

Find below key highlights of market activities

Indicators	Current	Change (%)	YTD
All-Share Index	52,821.60	-0.20	3.06
Market Cap. (₦ ‘trillion)	28.76	-0.20	3.03
Volume (millions)	377.14	-17.15
Value (₦ ‘billion)	9.18	17.16

Dividend Information for 2023

Company	Dividend (Bonus)	Closure Date	Payment Date
BUACEMENT	₦2.80	14-Aug-23	24-Aug-23
TOTAL	₦21.00	26-Apr-23	2-Jun-23
STANBIC	₦2.00	12-Apr-23	26-May-23
ACCESSCORP	₦1.30	10-May-23	24-May-23
NESTLE	₦36.50	24-Apr-23	18-May-23
GTCO	₦2.80	2-May-23	11-May-23
SEPLAT	$0.075 (final)	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