Opening the holiday shortened week, Nigerian equities extended its nine-day winning streak as the benchmark index gained 0.41% to settle at 49,910.18 points. Gains in NESTLE (+2.04%), GEREGU (+9.96%) and GTCO (+3.79%) sustained the market’s bullish momentum. As a result, the year-to-date (YTD) return rose to 16.84% while the market capitalization gained ₦111.16bn to close at ₦27.18tn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 4.77%. A total of 486.67m shares valued at ₦3.83bn were exchanged in 3,875 deals. ACCESSCORP (+0.58%) led the volume chart with 28.93m units traded, while GEREGU (+9.96%) led the value chart in deals worth ₦1.03bn.
Market breadth closed positive at a 5.50-to-1 ratio with advancing issues outnumbering declining ones. CORNERST (+10.00%) topped twenty-one (21) others on the gainer’s log, while FTNCOCOA (-3.45%) led three (3) others on the laggard’s table.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 49,910.18 | 0.41 | 16.84 |
| Market Cap. (₦ ‘trillion) | 27.18 | 0.41 | 21.92 |
| Volume (millions) | 486.67 | 246.71 | |
| Value (₦ ‘billion) | 3.83 | -4.77 |
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
