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NGX All-Share Index Halts Winning Streak, Down 0.31%

3 years ago 0
NGX

NGX

Starting the week, the Lagos bourse halted its three-day winning streak as the All-Share Index lost 0.31% to settle at 52,348.82 points. Selloffs in Tier-1 banking names, ZENITHBANK (-3.72%), GTCO (-1.63%) and FBNH (-0.43%) drove the market’s weak performance. As a result, the year-to-date (YTD) return fell to 2.14%, while market capitalisation lost ₦89.14bn to close at ₦28.51trn.

Analysis of today’s market activities showed trade turnover settled higher relative to the previous session with the value of transactions up by 27.34%. A total of 221.85m shares valued at ₦3.25bn were exchanged in 5,219 deals. UBA (-4.19%) led the volume chart with 22.93m units traded while GTCO (-1.63%) led the value chart in deals worth ₦482.50m.

Market breadth closed negative at a 1.36-to-1 ratio with declining issues outnumbering advancing ones. LIVESTOCK (-7.69%) led eighteen (18) others on the laggard’s table while PRESCO (+9.67%) topped thirteen (13) others on the gainer’s log.

Find below key highlights of market activities

Indicators Current Change (%) YTD
All-Share Index 52,348.82 -0.31 2.14
Market Cap. (₦ ‘trillion) 28.51 -0.31 2.14
Volume (millions) 221.85 2.16
Value (₦ ‘billion) 3.25 27.34

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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