Home Stock Market NGX All-Share Index extends the Santa Claus rally, up 0.41%

NGX All-Share Index extends the Santa Claus rally, up 0.41%

by Business News Report

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

IndicatorsCurrentChange (%)YTD
All-Share Index49,910.180.4116.84
Market Cap. (₦ ‘trillion)27.180.4121.92
Volume (millions)486.67246.71
Value (₦ ‘billion)3.83-4.77

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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