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NGX All-Share Index Off To a Strong Start, Up 0.67%

4 years ago 0
NGX

NGX

In the first trading day of the year, the Nigerian equities opened on a bright note as the benchmark index gained 0.67% to close at 51,595.66 points – the highest point since 22 July 2022.
The positive performance was driven primarily by gains in index heavyweight BUAFOODS (+10.00%) alongside Tier-1 banking names, GTCO (+1.09%), FBNH (+3.21%), and ACCESSCORP (+3.53%). As a result, year-to-date (YTD) return stood at 0.67% while market capitalisation gained ₦187.90bn to close at ₦28.10trn.

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 40.86%. A total of 321.67m shares valued at ₦4.35bn were exchanged in 4,122 deals. FBNH (+3.21%) led the volume chart and value chart with 207.62m units traded in deals worth ₦2.47bn.

Market breadth closed positive at a 2.38-to-1 ratio with advancing issues outnumbering declining ones. BUAFOODS (+10.00%) led eighteen (18) others on the gainer’s log, while FCMB (-8.83%) topped seven (7) others on the laggard’s table

Find below key highlights of market activities

Indicators Current Change (%) YTD
All-Share Index 51,595.66 0.67 0.67
Market Cap. (₦ ‘trillion) 28.10 0.67 0.67
Volume (millions) 321.67 -63.88
Value (₦ ‘billion) 4.35 -40.86

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

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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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