NGX All-Share Index Manages To Eke Out 2bps

Today, activity on the Lagos bourse was somewhat flattish as the benchmark index managed to eke out a meagre 2bps gain to close at 54,507.66 points.

Investors interest in Tier-1 banking names, ZENITHBANK (+0.20%), GTCO (+0.20%), and FBNH (+0.86%) managed to drive the market’s overall performance. Consequently, the year-to-date (YTD) return rose slightly to 6.35%, while market capitalisation gained ₦6.18bn to close at ₦29.69trn.

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 23.50%. A total of 134.46m shares valued at ₦4.36bn were exchanged in 2,905 deals. GTCO (+0.02%) led the volume chart with 42.35m shares traded while SEPLAT (+0.00%) led the value chart in deals worth ₦1.18bn.

Market breadth closed flat. LINKASSURE (+7.14%) topped thirteen (13) others on the leader’s log while SOVRENINS (-6.67%) led thirteen (13) others on the laggard’s table.

Find below key highlights of market activities

Indicators	Current	Change (%)	YTD
All-Share Index	54,507.66	0.02	6.35
Market Cap. (₦ ‘trillion)	29.69	0.02	6.35
Volume (millions)	134.46	-24.43
Value (₦ ‘billion)	4.36	-23.50

Company	Dividend (Bonus)	Closure Date	Payment Date
GEREGU	₦8.00 (final)	TBA	TBA
MTNN	₦10 (final)	28-Mar-23	20-Apr-23
SEPLAT	$0.025 (interim)	11-Nov-22	6-Dec-22
ACCESSCORP	₦0.20 (interim)	28-Sep-22	12-Oct-22