THUR. 06 APRIL 2023-theGBJournal | GTCO (-1.21%), WAPCO (-0.77%), and ACCESSCORP stocks dragged the NGX All-Share Index down Thursday as the market wrapped up the short trading week in red.
The All-Share Index crashed 0.05% to close at 52,994.13 points. Gains in FBNH (+0.91%), UBA (+2.40%) and OANDO (+0.71%) was offset by the negative sentiments on GTCO, WAPCO and ACCEESCORP, keeping the market’s overall performance in the red.
Having lost in all trading sessions this week, the ASI closed 2.61% lower w/w.
Over the course of the week, AIRTELAFRI (-10.00% w/w), ZENITHBANK (-1.35% w/w) and GTCO (-4.31% w/w) were the major drags on the broader index.
Consequently, the year-to-date (YTD) return fell to 3.40%, while the market capitalization shed N674.53bn w/w to close at N28.87trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 27.88%. A total of 266.95m shares valued at N1.93bn were exchanged in 3,651 deals. TRANSCORP (-0.72%) led the volume chart with 147.15m units traded, while ZENITHBANK (+0.00%) led the value chart in deals worth N487.11m.
Market breadth closed negative at a 1.67-to-1 ratio with declining issues outnumbering advancing ones. UPL (-10.00%) topped fourteen others on the laggard’s log, while AIICO (+5.26%) led eight others on the leader’s table.
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| BUACEMENT | N2.80 (final) | 11-Aug-23 | 24-Aug-23 |
| STANBIC | N2.00 (final) | 12-Apr-23 | 26-May-23 |
| NESTLE | N36.50 (final) | 28-Apr-23 | 18-May-23 |
| SEPLAT | $0.075 (final) | 19-Apr-23 | 10-May-23 |
| ZENITHBANK | N3.20 (final) | 17-Apr-23 | 2-May-23 |
| WAPCO | N2.00 (final) | 11-Apr-23 | 28-Apr-23 |
| UBA | N0.90 (final) | 17-Apr-23 | 27-Apr-23 |
| NB | N1.03 (final) | 17-Mar-23 | 26-Apr-23 |
| DANGCEM | N20.00 (final) | 31-Mar-23 | 24-Apr-23 |
| MTNN | N10.00 (final) | 28-Mar-23 | 20-Apr-23 |
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