NGX All-Share Index extends gains, up 1.06%

Today, the local bourse extended the bullish run as the benchmark index gained 1.06% to settle at 43,939.68 points. Investors interest in AIRTELAFRI (+0.37%) and DANGCEM (+7.77%) were the primary drivers of the market’s overall performance. Nevertheless, the market remains on track for its first week of loss in the month, offsetting past week gains. Consequently, the ASI’s year-to-date (YTD) return rose to 2.86%, while the market capitalisation gained ₦251.06bn to close at ₦23.94tn.

Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 71.01%. A total of 405.00m shares valued at ₦3.10bn were exchanged in 3,188 deals. STERLNBANK (+0.00%) led the volume chart with 171.15m units traded while AIRTELAFRI (+0.37%) led the value chart  in deals worth ₦700.25m.

Market breadth closed positive at a 1.08-to-1 ratio with advancing issues outnumbering declining ones. COURTVILLE (+8.70%) topped thirteen (13) others on the gainer’s table, while JBERGER (-9.81%) led twelve (12) others on the laggard’s log.

Find below key highlights of market activities.

Dividend Information for 2022