Home Stock Market NGX All-Share Index ends week in the red, down 0.68%

NGX All-Share Index ends week in the red, down 0.68%

by Business News Report

Extending gains for the third consecutive session, the domestic bourse ended positive, as the ASI gained  6bps to settle at at 43,968.75 points. ZENITHBANK (+0.25%), FBNH (+1.99%) and GEREGU (+6.90%) were the primary drivers of the market’s performance. However, despite gaining in four (4) of five (5) trading sessions this week, the ASI closed 0.68% lower w/w, as the market failed to recoup Tuesday’s losses.
This week, selloffs in AIRTELAFRI (-0.39% w/w), DANGCEM (-0.62% w/w) and MTNN (-2.04% w/w) kept the market in the red, eroding gains in FBNH (+3.54%), ACCESSCORP (+1.26%), GEREGU (+8.50%). As a result, the ASI’s year-to-date (YTD) return fell to 2.93%, while the market capitalisation lost ₦161.54bn w/w to close at ₦23.95tn.

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 30.05%. A total of 209.71m shares valued at ₦2.17bn were exchanged in 2,942 deals. ACCESSCORP (+0.00%) led the volume and value charts with 81.34m units traded in deals worth ₦654.72m.

Market breadth closed positive at a 2.17-to-1 ratio with advancing issues outnumbering declining ones. CORNERST (+10.00%) topped twelve (12) others on the gainer’s table, while FLOURMILL (-9.90%) led five (5) others on the laggard’s log.

Find below key highlights of market activities.

IndicatorsCurrentChange (%)YTD
All-Share Index43,968.750.062.93
Market Cap. (₦ ‘trillion)23.950.067.42
Volume (millions)209.71-48.22
Value (₦ ‘billion)2.17-30.05

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
AIRTELAF$0.03 (final)23-Jun-2222-Jul-22
TOTAL₦18.20 (final)29-Apr-2217-Jun-22
NB₦1.20 (final)16-Mar-2222-Apr-22
WAPCO₦1.00 (final)8-Apr-2221-Apr-22

Source: Coronation 

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