Finance

NGX All-Share Index posts rebound, gains 0.43%

Published

2 years ago

October 17, 2023

Recovering from the previous session’s loss, the Lagos bourse posted gains as the benchmark index rose by 0.43% to close at 67,326.12 points. Gains in Tier-1 Banking Names, ZENITHBANK (+2.64%), GTCO (+1.15%) and STANBIC (+5.56%) contributed to outweigh losses in NB (-7.38%), ETI (-1.30%) and PRESCO (-0.55%), keeping the market in the green. Consequently, the year-to-date (YTD) return rose to 31.37%, while market capitalization gained ₦158.34bn to close at ₦36.99trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 45.57%. A total of 377.97m shares valued at ₦5.17bn were exchanged in 6,729 deals. UBA (+3.06%) led the volume and value charts with 42.30m units traded in deals worth ₦796.36m.
Market breadth closed positive at a 1.44-to-1 ratio with advancing issues outnumbering declining ones. JBERGER (+10.00%), topped twenty-two (22) others on the leader’s table, while MULTIVERSE (-9.49%) led fifteen (15) others on the laggard’s table.

Find below key highlights of market activities

Indicators	Current	Change (%)	YTD
All-Share Index	67,326.12	0.43	31.37
Market Cap. (₦ ‘trillion)	36.99	0.43	32.50
Volume (millions)	377.97	74.93
Value (₦ ‘billion)	5.17	45.57

Dividend Information for 2023

Company	Dividend (Bonus)	Closure Date	Payment Date
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-23a