Finance
NGX All-Share Index extends gains, up 0.47%
Nigerian equities opened the week strong as the benchmark index gained 0.47% to close at 44,701.84 points, the highest point since 25 October. The market’s performance was primarily driven by demand in ZENITHBANK (+1.64%), GTCO (+0.26%) and FBNH (+1.82%). Consequently, the year-to-date (YTD) return rose to 4.65%, while the market capitalisation gained ₦113.90bn to close at ₦24.35trn.
Analysis of market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 57.79%. A total of 159.56m shares valued at ₦1.95bn were exchanged in 3,607 deals. TRANSCORP (+1.80%) led the volume chart with 35.24m units traded while SEPLAT (+0.00%) led the value chart in deals worth ₦478.43m.
Market breadth closed positive at a 4.33-to-1 ratio with advancing issues outnumbering declining ones. NB (+9.94%) topped twenty-five (25) others on the gainer’s table, while JAPAULGOLD (-7.14%) led five (5) others on the laggard’s log.
Find below key highlights of market activities.
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 44,701.84 | 0.47 | 4.65 |
| Market Cap. (₦ ‘trillion) | 24.35 | 0.47 | 9.20 |
| Volume (millions) | 159.56 | 8.78 | |
| Value (₦ ‘billion) | 1.95 | 57.79 |
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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