Bearish sentiment drove the domestic bourse today as the NGX All-Share Index closed 1.81% lower – the biggest single day loss since 19 October – to settle at 43,466.93 points. Selloffs in DANGCEM (-8.33%) and MTNN (-2.04%) underpinned the market’s weak performance. Consequently, the year-to-date (YTD) return fell to 1.76%, while the market capitalisation shed ₦436.43bn to close at ₦23.68tn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up 16.97%. A total of 249.91m shares valued at ₦2.50bn were exchanged in 3,283 deals. ACCESSCORP (+0.00%) led the volume and value charts with 128.73m units traded in deals worth ₦1.03bn.
Market breadth closed negative at a 1.90-to-1 ratio with declining issues outnumbering advancing ones. GUINNESS (-9.95%) topped eighteen (18) others on the laggard’s table, while UNITYBNK (+10.00%) led nine (9) others on the laggard’s log.
Find below key highlights of market activities.
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 43,466.93 | -1.81 | 1.76 |
| Market Cap. (₦ ‘trillion) | 23.68 | -1.81 | 6.18 |
| Volume (millions) | 249.91 | 142.01 | |
| Value (₦ ‘billion) | 2.50 | 16.97 |
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 Research
