Finance

NGX All-Share Index rebounds, up 0.02%

Published

2 years ago

December 18, 2023

The Lagos bourse rebounded after the previous session’s pullback as the benchmark Index gained 0.02% to close at 72,404.91 points. Renewed interest in UBA (+0.41%) , WAPCO (+0.50%), and FIDELITYBK (+2.65%) pushed the broader index into a positive territory, outweighing losses in GTCO (-0.75%), STANBIC (-1.52%), and DANGSUGAR (-0.17%). Consequently, the year-to-date (YTD) return rose to 41.27%, while market capitalization gained ₦8.58bn to close at ₦39.62trn.

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 33.03%. A total of 324.25m shares valued at ₦4.40bn were exchanged in 6,745 deals. MBENEFIT (-4.00%) led both the volume chart with 42.08m units traded while UBA (+0.41%) led the value chart with deals worth ₦689.91m.

Market breadth closed negative at a 2-to-1 ratio with declining issues outnumbering the advancing ones. ABCTRANS (-9.89%) topped thirty-one (31) others on the laggard’s table while INFINITY (+9.93%) led fifteen (15) others on the leader’s log.

Find below key highlights of market activities

Indicators	Current	Change (%)	YTD
All-Share Index	72,404.91	0.02	41.27
Market Cap. (₦ ‘trillion)	39.62	0.02	41.93
Volume (millions)	324.25	5.57
Value (₦ ‘billion)	4.40	-33.03

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