Finance
NGX All-Share Index rebounds slightly, up 2bps
Activity on the Lagos bourse was mixed, albeit with a bullish tilt as the benchmark index closed marginally higher (+0.02%) at 52,626.42 points. Gains in WAPCO (+1.02%), ACCESSCORP (+0.56%) and ETI (+1.30%) offset the declines in ZENITHBANK (-0.20%), GTCO (-0.41%) and UBA (-1.23%). Subsequently, the market remains on track for a weekly gain. The year-to-date (YTD) return rose to 2.68%, while the market capitalisation rose by ₦5.94bn to close at ₦28.66trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session with the value of transactions down by 59.32%. A total of 129.04m units of shares valued at ₦1.82bn were exchanged in 3,183 deals. ZENITHBANK (-0.20%) led the volume and value charts with 18.55m units traded in deals worth ₦455.74m.
Market breadth closed positive at a 1.82-to-1 ratio with advancing issues outnumbering declining ones. LINKASSURE (+8.33%) led nineteen (19) others on the gainer’s table while CHAMS (-7.14%) topped ten (10) others on the laggard’s log.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 52626.42 | 0.02 | 2.68 |
| Market Cap. (₦ ‘trillion) | 28.66 | 0.02 | 2.68 |
| Volume (millions) | 129.04 | -40.79 | |
| Value (₦ ‘billion) | 1.82 | -59.32 |
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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