NGX All-Share index sustains bullish Run, Up 4bps
NGX
Extending gains for the fifth consecutive session, the Lagos bourse closed higher as the benchmark index gained 0.04% to settle at 49,416.18 points.
Gains in Tier-1 banking names ZENITHBANK (+1.04%) and GTCO (+0.23%), were the main drivers of the market’s overall performance, outweighing losses in NB (-0.53%) and FBNH (-1.38%). As a result, the year-to-date (YTD) return rose to 15.68% while the market capitalization rose by ₦10.97bn to close at ₦26.92tn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 1.77%. A total of 100.09m shares valued at ₦1.30bn were exchanged in 3,186 deals. GTCO (+0.23%) led the volume and value charts with 16.44m units traded in deals worth ₦354.75m.
Market breadth closed negative at a 1.44-to-1 ratio with declining issues outnumbering advancing ones. NEIMETH (-9.66%) topped twelve (12) others on the laggard’s log, while UPDCREIT (+8.62%) led eight (8) others on the gainer’s table.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 49,416.18 | 0.04 | 15.68 |
| Market Cap. (₦ ‘trillion) | 26.92 | 0.04 | 20.72 |
| Volume (millions) | 100.09 | 44.77 | |
| Value (₦ ‘billion) | 1.30 | 1.77 |
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 |
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