Finance

NGX All-Share Index sustains bullish run, up 0.51%

Published

2 years ago

August 29, 2023

The Local Bourse extended the bullish run as the benchmark index gained 0.51% to settle at 66,490.34 points. Gains in ZENITHBANK (+2.29%), GTCO (+1.81%) and ACCESSCORP (+3.44%), were the main drivers of the market’s overall performance, outweighing losses in NESTLE (-5.98%), STANBIC (-2.64%), and UBA (-0.36%). Consequently, the year-to-date (YTD) return rose to 29.73% while the market capitalisation rose by ₦185.52bn to close at ₦36.39tn.

Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 79.14%. A total of 436.96m shares valued at ₦7.01bn were exchanged in 7,932 deals. . FBNH (+1.51%) led the volume chart with 55.15m units traded while NESTLE (-5.98%) led the value chart in deals worth ₦1.32bn. Market breadth closed positive at a 1.40-to-1 ratio with advancing issues outnumbering declining ones. FLOURMILL (+10.00%) led twenty-seven (27) others on the leader’s log while LINKASSURE (-10.00%) topped nineteen (19) others on the laggard’s table.

Find below key highlights of market activities

Indicators	Current	Change (%)	YTD
All-Share Index	66,490.34	0.51	29.73
Market Cap. (₦ ‘trillion)	36.39	0.51	30.36
Volume (millions)	436.96	40.45
Value (₦ ‘billion)	7.01	79.14

Dividend Information for 2023

Company	Dividend (Bonus)	Closure Date	Payment Date
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
STANBIC	₦2.00	12-Apr-23	26-May-23
ACCESSCORP	₦1.30	9-May-23	24-May-23
NESTLE	₦36.50	24-Apr-23	18-May-23
GTCO	₦2.80	2-May-23	11-May-23
SEPLAT	$0.08	19-Apr-23	16-May-23
ZENITHBANK	₦2.90	17-Apr-23	2-May-23
WAPCO	₦2.00	11-Apr-23	28-Apr-23
UBA	₦0.90	17-Apr-23	27-Apr-23
NB	₦1.03	17-Mar-23	26-Apr-23
DANGCEM	₦20.00	31-Mar-23	24-Apr-23
MTNN	₦10.00	28-Mar-23	20-Apr-23
DANGSUGAR	₦1.50	27-Mar-23	15-Apr-23
GEREGU	₦8.00	28-Feb-23	29-Mar-23