Finance

NGX All-Share Index opens the week up 0.13%

Published

2 years ago

April 22, 2024

Opening the week, the local bourse gained 13bps, recovering some of the prior week losses to settle at 99,665.05 points. Renewed investor interest in Tier-1 banking names ZENITHBANK (+6.76%), GTCO (+9.55%) and UBA (+0.66%) outweighed bearish sentiment in ACCESSCORP (-1.18%), STANBIC (-5.86%) and FIDELITYBK (-6.18%). As a result, the year-to-date (YTD) return rose to 33.29%, while market capitalisation gained ₦70.87bn to close at ₦56.37trn.

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 1.81%. A total of 306.62m shares valued at ₦5.30bn were exchanged in 8,298 deals. GTCO (+9.55%) led the volume and value chart with 50.16m units traded in deals worth ₦1.77bn.

Market breadth closed negative at a 0.83-to-1 ratio with declining issues outnumbering the advancing ones. PRESTIGE (-9.84%) topped seventeen (17) others on the laggard’s table while JAPAULGOLD (+9.58%) led fourteen (14) others on the leader’s log.

Find below key highlights of market activities

Indicators	Current	Change (%)	YTD
All-Share Index	99,665.05	0.13	33.29
Market Cap. (₦ ‘trillion)	56.37	0.13	37.76
Volume (millions)	306.62	18.91
Value (₦ ‘billion)	5.30	-1.81

Dividend Information for 2023

Company	Dividend (Bonus)	Closure Date	Payment Date
BUA CEMENT	₦2.00	12-Aug-24	29-Aug-24
SEPLAT ENERGY	$0.03	29-Apr-24	29-May-24
DANGCEM	₦30.00	16-Apr-24	29-Apr-24
ACCESSCORP	₦1.80	11-Apr-24	19-Apr-24
LAFAERGE	₦1.90	2-Apr-24	16-Apr-24
NGXGROUP	₦0.75	27-Mar-24	TBA
GEREGU	₦8.00	28-Feb-24	28-Mar-24
VITAFOAM	₦1.56	13-Feb-24	7-Mar-24
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
MTNN	₦5.60 (interim)	17-Aug-23	24-Aug-23
NGXGROUP	₦0.25	31-Jul-23	31-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
NB	₦1.03	17-Mar-23	26-Apr-23