NGX All-Share Index Extends The Santa Claus Rally, Up 0.41%

Opening the holiday shortened week, Nigerian equities extended its nine-day winning streak as the benchmark index gained 0.41% to settle at 49,910.18 points.

Gains in NESTLE (+2.04%), GEREGU (+9.96%) and GTCO (+3.79%) sustained the market’s bullish momentum. As a result, the year-to-date (YTD) return rose to 16.84% while the market capitalization gained ₦111.16bn to close at ₦27.18tn.

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 4.77%. A total of 486.67m shares valued at ₦3.83bn were exchanged in 3,875 deals. ACCESSCORP (+0.58%) led the volume chart with 28.93m units traded, while GEREGU (+9.96%) led the value chart in deals worth ₦1.03bn.

Market breadth closed positive at a 5.50-to-1 ratio with advancing issues outnumbering declining ones. CORNERST (+10.00%) topped twenty-one (21) others on the gainer’s log, while FTNCOCOA (-3.45%) led three (3) others on the laggard’s table.

Find below key highlights of market activities

Indicators	Current	Change (%)	YTD
All-Share Index	49,910.18	0.41	16.84
Market Cap. (₦ ‘trillion)	27.18	0.41	21.92
Volume (millions)	486.67	246.71
Value (₦ ‘billion)	3.83	-4.77

Dividend Information for 2022

Company	Dividend (Bonus)	Closure Date	Payment Date
SEPLAT	$0.025 (interim)	11-Nov-22	6-Dec-22
ACCESSCORP	₦0.20 (interim)	28-Sep-22	12-Oct-22
GTCO	₦0.30 (interim)	21-Sep-22	30-Sep-22
UBA	₦0.20 (interim)	22-Sep-22	29-Sep-22
STANBIC	₦1.50 (interim)	7-Sep-22	21-Sep-22
ZENITHBANK	₦0.30 (interim)	7-Sep-22	13-Sep-22
SEPLAT	$0.025 (interim)	15-Aug-22	9-Sep-22
CUSTODIAN	₦0.10 (interim)	26-Aug-22	1-Sep-22
OKOMU OIL	₦7.00 (interim)	26-Aug-22	29-Aug-22
MTNN	₦5.60 (interim)	19-Aug-22	26-Aug-22
BUAFOODS	₦3.50	14-Jul-22	4-Aug-22
AIRTELAF	$0.03 (final)	23-Jun-22	22-Jul-22
BUACEMENT	₦2.60	15-Jul-22	21-Jul-22
FBNH	₦0.35	14-Jun-22	21-Jun-22
NESTLE	₦25.50	3-Jun-22	30-Jun-22
TOTAL	₦18.20 (final)	29-Apr-22	17-Jun-22
DANGSUGAR	₦1.00	2-Jun-22	15-Jun-22
NB	₦1.20 (final)	16-Mar-22	22-Apr-22
WAPCO	₦1.00 (final)	8-Apr-22	21-Apr-22