Finance

NGX All-Share Index extends gains, up 83bps

Published

2 years ago

January 8, 2024

Opening the week, Nigerian stocks extended gains for the fifth session on Monday, led by banks to push the main index past a psychological threshold of 80,000 points for the first. The equities market extended gains from last week as the benchmark index closed 0.83% stronger to settle at 80,324.53 points. Buy interests in Tier-1 banks namely, ZENITHBANK (+2.50%), GTCO (+3.53%), and UBA (+3.28%) kept the market in the green, offsetting selloffs in STANBIC (-0.38%), NB (-0.13%) and FIDELITYBK (-5.99%). As a result, the year-to-date (YTD) return rose to 7.42%, while market capitalisation gained ₦368.31bn to close at ₦43.96trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 6.48%. A total of 1.19bn shares valued at ₦15.26bn were exchanged in 16,081 deals. TRANSCORP (+9.79%) led both the volume and value chart with 298.30m units traded in deals worth ₦4.08bn.

Market breadth closed positive at a 4.08-to-1 ratio with advancing issues outnumbering the declining ones. JBERGER(+10.00%) topped fifty-two (52) others on the leader’s table while DARRCOMM (-9.30%) led twelve (12) others on the laggard’s log.

Find below key highlights of market activities

Indicators	Current	Change (%)	YTD
All-Share Index	80,324.53	0.83	7.42
Market Cap. (₦ ‘trillion)	43.96	0.83	7.43
Volume (millions)	1,190.16	33.33
Value (₦ ‘billion)	15.26	6.48

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