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NGX All-Share Index Rebounds, Up 0.55%

4 years ago 0
NGX

NGX

The Lagos bourse rebounded after yesterday’s pullback as the benchmark Index gained 0.55% to close at 51,729.87 points.
Gains in index heavyweight, BUACEMENT (+3.59%) alongside Tier-1 banking names, ZENITHBANK (+0.21%), GTCO (+1.48%) and FBNH (+0.45%) pushed the broader index into positive territory. Consequently, the year-to-date (YTD) return rose to 0.93%, while market capitalisation gained ₦153.24bn to close at ₦28.18trn.

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session with the value of transactions down by 0.55%. A total of 281.94m shares valued at ₦8.16bn were exchanged in 3,679 deals. FBNH (+0.45%) led the volume chart with 108.93m units traded while BUACEMENT (+3.59%) led the value chart in deals worth ₦4.07bn.

Market breadth closed positive at a 2.33-to-1 ratio with advancing issues outnumbering declining ones. CHAMPION (+9.45%) led twenty (20) others on the gainer’s table, while WAPIC (-6.67%) topped eight (8) others on the laggard’s log.

Find below key highlights of market activities

Indicators Current Change (%) YTD
All-Share Index 51,729.87 0.55 0.93
Market Cap. (₦ ‘trillion) 28.18 0.55 0.93
Volume (millions) 281.94 -16.40
Value (₦ ‘billion) 8.16 -0.55

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

Source: Coronation Securities

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Lagos Business News (LBN) is Nigeria’s leading online business news platform for recent and detailed reports. At Lagos Business News (LBN), we are determined at changing the face of business reporting in Nigeria through professionalism and ample knowledge of the journalism practices, while providing adequate information and platform for businesses in Lagos and across the country to thrive.

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