Stock Market

NGX All-Share Index reverses gains, down 35bps

Published

2 years ago

April 23, 2024

The local market reversed previous gains as the benchmark index lost 0.35% to close at 99,311.54 points. Investors interest UBA (+0.66%), TRANSCORP (+3.47%) and FIDELITYBK (+7.78%) was offset by selloff in blue-chip ZENITHBANK (-5.01%) GTCO (-2.59%) and FBNH (-9.88%) putting the market in the red. Consequently, the year-to-date (YTD) return fell to 32.82%, as market capitalisation shed ₦199.80 billion to close at ₦56.17 trillion.

Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 47.95%. A total of 574.43m shares valued at ₦7.84 billion were exchanged in 7,324 deals. TRANSCORP (+3.47%) led the volume and value chart with 125.70 million units traded in deals worth ₦1.89 billion.

Market breadth closed negative at a 0.70-to-1 ratio with declining issues outnumbering the advancing ones. HONYFLOUR (-9.89%) topped twenty-two (22) others on the laggard’s table while SUNUASSUR (+10.00%) led fifteen (15) others on the leader’s log.

Find below key highlights of market activities

Indicators	Current	Change (%)	YTD
All-Share Index	99,311.54	-0.35	32.82
Market Cap. (₦ ‘trillion)	56.17	-0.35	37.27
Volume (millions)	574.43	87.34
Value (₦ ‘billion)	7.84	47.95

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