Finance
NGX All-Share Index maintains bullish run, up 0.12%
Nigerian equities extended the strong bullish run as the benchmark index inched up by 0.12% to close at 48,426.49 points, the highest point since 05 October 2022. Investors interests in NESTLE (+1.67%), NB (+4.62%) and GEREGU (+2.78%) offset losses in ZENITHBANK (-0.23%), GTCO (-0.24%) and UBA (-0.68%). Consequently, the year-to-date (YTD) return rose to 13.37%, while market capitalisation gained ₦32.57bn to close at ₦26.38trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 5.55%. A total of 146.21m shares valued at ₦3.36bn were exchanged in 2,810 deals. FBNH (+0.00%), led the volume chart with 59.27m units traded, while GEREGU (+2.78%) led the value chart in deals worth ₦1.53bn.
Market breadth closed negative at a 1.45-to-1 ratio with declining issues outnumbering advancing ones. UNITYBNK (-7.02%) topped fifteen (15) others on the laggard’s table, while JAPAULGOLD (+7.41%) led ten (10) others on the gainer’s log.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 48,426.49 | 0.12 | 13.37 |
| Market Cap. (₦ ‘trillion) | 26.38 | 0.12 | 18.30 |
| Volume (millions) | 146.21 | -20.02 | |
| Value (₦ ‘billion) | 3.36 | -5.55 |
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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