Finance

NGX All-Share Index opens the week up 0.29%

Published

3 years ago

February 6, 2023

Opening the week, Nigerian equities extended gains from last week as the benchmark index closed 0.29% stronger to settle at 54,367.74 points. Sustained interests in telco heavyweight, MTNN (+1.88%) buoyed the markets performance. Consequently, the year-to-date (YTD) return rose to 6.08%, while market capitalization gained ₦80.7bn to close at ₦29.61trn.

Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 103.82%. A total of 191.64m shares valued at ₦4.80bn were exchanged in 4,359 deals. GTCO (-0.40%) led the volume and value charts with 50.59m units traded in deals worth ₦1.27bn.

Market breadth closed positive at a 1.08-to-1 ratio, with advancing issues outnumbering declining ones. LINKASSURE (+8.89%) topped twelve (12) others on the leader’s log, while FTNCOCOA (-6.06%) led eleven (11) others on the laggard’s table.

Find below key highlights of market activities

Indicators	Current	Change (%)	YTD
All-Share Index	54,367.74	0.29	6.08
Market Cap. (₦ ‘trillion)	29.61	0.27	6.07
Volume (millions)	191.64	-28.50
Value (₦ ‘billion)	4.80	103.82

Dividend Information for 2023

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
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