Finance
NGX All-Share Index declines by 0.09%
Today, the bears dominated the domestic bourse as the NGX All-Share Index (ASI) fell by 0.09% to settle at 44,011.22 points. The market’s weak performance was primarily driven by selloffs in Tier-1 banks, ZENITHBANK (-2.29%), GTCO (-1.55%) and ACCESSCORP (-0.60%). Nevertheless, the market remains on track for another weekly loss. Consequently, the ASI’s year-to-date (YTD) return fell to 3.03% and the market capitalisation lost ₦21.37bn to close at ₦23.97trn..
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 70.36%. A total of 97.70m shares valued at ₦847.88m were exchanged in 2,980 deals. TRANSCORP (+0.00%) led the volume chart with 10.65m units traded while GTCO (-1.55%) led the value chart in deals worth ₦134.00m.
Market breadth closed negative at a 1.5-to-1 ratio with declining issues outnumbering advancing ones. GUINNESS (-9.97%) topped seventeen (17) others on the laggard’s table, while UNILEVER (+10.00%) led eleven (11) others on the gainer’s log.
Find below key highlights of market activities.
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 44,011.22 | -0.09 | 3.03 |
| Market Cap. (₦ ‘trillion) | 23.97 | -0.09 | 7.51 |
| Volume (millions) | 97.70 | -38.72 | |
| Value (₦ ‘billion) | 0.85 | -70.36 |
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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