Today, Nigerian equities erased most of yesterday’s gains as the benchmark index shed 0.49% to close at 51,448.53 points. The market’s loss was primarily driven by the decline in telco heavyweight, AIRTELAFRI (-4.29%). As a result, the year-to-date (YTD) return fell to 0.39%, while market capitalisation shed ₦137.17bn to close at ₦28.02trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session with the value of transactions up by 182.12%. A total of 337.27m shares valued at ₦8.20bn were exchanged in 4,184 deals. FBNH (+0.00%) led the volume chart with 151.39m units traded while BUACEMENT (+0.00%) led the value chart in deals worth ₦2.92bn.
Market breadth closed positive at a 1.23-to-1 ratio with advancing issues outnumbering declining ones. MBENEFIT (+7.14%) led fifteen (15) others on the gainer’s table, while NEM (-10.00%) topped twelve (12) others on the laggard’s log.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 51,448.53 | -0.49 | 0.39 |
| Market Cap. (₦ ‘trillion) | 28.02 | -0.49 | 0.39 |
| Volume (millions) | 337.27 | 47.14 | |
| Value (₦ ‘billion) | 8.20 | 182.12 |
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 Securities
