Home Stock Market NGX All-Share Index closes the year positive, up 19.98% y/y

NGX All-Share Index closes the year positive, up 19.98% y/y

by Business News Report

 In the final trading day of the year, the bulls maintained their grip over the market to close the week in the green. As a result, the All-Share Index gained 1.89% – the largest single day gain in the month – to close at 51,251.06 points, the highest level since 25 July. The overall market was driven by gains in AIRTELAFRI (+9.88%), GEREGU (+6.66%) and PRESCO (+10.00%) as investors begin to take positions ahead of FY 2022 earning season.  Having gained in all five trading sessions this week, the ASI closed 3.59% higher w/w, its seventh consecutive weekly gain.

Over the course of the year, some of the top performers include PZ (+86.07% y/y), GUINNESS (+77.69% y/y), AIRTELAFRI (+71.20% y/y), FIDELITYBK (+70.59% y/y) and SEPLAT (+69.23% y/y), while some of the laggards include HONYFLOUR (-31.18% y/y), NESTLE (-29.33% y/y), UNILEVER (-20.00% y/y), NB (-18.00% y/y) and GTCO (-11.54% y/y). In summary, the NGX Exchange finished the year, up 19.98% y/y – the third consecutive annual gain, while the market capitalization added ₦5.62trn y/y to close at ₦27.92trn.

NGX Sector Indices:  Year to date, the performance of all sector indices under our coverage closed largely positive. NGX Oil and Gas was the best performer gaining 34.60%, followed by NGX Industrial (+19.67%), NGX Pension (+5.38%), NGX Banking (+5.84%) and  NGX 30 (+5.38%) while NGX Consumer goods (-0.15%) and NGX Insurance (-12.34%) were the laggards. Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 5.06%. A total of 890.68m shares valued at ₦7.36bn were exchanged in 3,566 deals. SOVERENINS (+0.00%) led the volume chart with 523.93m units traded, while PRESCO (+10.00%) led the value chart in deals worth ₦1.61bn.

Market breadth closed negative at a 1.07-to-1 ratio with declining issues outnumbering advancing ones. FIDSON (-8.16%) led fifteen (15) others on the laggard’s table, while PRESCO (+10.00%) topped fourteen (14) others on the gainer’s log.

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index51,251.061.8919.98
Market Cap. (₦ ‘trillion)27.921.8925.20
Volume (millions)890.6881.59
Value (₦ ‘billion)7.36-5.06

Dividend Information for 2022

CompanyDividend (Bonus)Closure DatePayment Date
SEPLAT$0.025 (interim)11-Nov-226-Dec-22
ACCESSCORP₦0.20 (interim)28-Sep-2212-Oct-22
GTCO₦0.30 (interim)21-Sep-2230-Sep-22
UBA₦0.20 (interim)22-Sep-2229-Sep-22
STANBIC₦1.50 (interim)7-Sep-2221-Sep-22
ZENITHBANK₦0.30 (interim)7-Sep-2213-Sep-22
SEPLAT$0.025 (interim)15-Aug-229-Sep-22
CUSTODIAN₦0.10 (interim)26-Aug-221-Sep-22
OKOMU OIL₦7.00 (interim)26-Aug-2229-Aug-22
MTNN₦5.60  (interim)19-Aug-2226-Aug-22
BUAFOODS₦3.5014-Jul-224-Aug-22
AIRTELAF$0.03 (final)23-Jun-2222-Jul-22
BUACEMENT₦2.6015-Jul-2221-Jul-22
FBNH₦0.3514-Jun-2221-Jun-22
NESTLE₦25.503-Jun-2230-Jun-22
TOTAL₦18.20 (final)29-Apr-2217-Jun-22
DANGSUGAR₦1.002-Jun-2215-Jun-22
NB₦1.20 (final)16-Mar-2222-Apr-22
WAPCO₦1.00 (final)8-Apr-2221-Apr-22

Source: Coronation Securities

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