Home Finance NGX All-Share Index off to a strong start, up 0.67%

NGX All-Share Index off to a strong start, up 0.67%

by Business News Report

In the first trading day of the year, the Nigerian equities opened on a bright note as the benchmark index gained 0.67% to close at 51,595.66 points – the highest point since 22 July 2022. The positive performance was driven primarily by gains in index heavyweight BUAFOODS (+10.00%) alongside Tier-1 banking names, GTCO (+1.09%), FBNH (+3.21%), and ACCESSCORP (+3.53%). As a result, year-to-date (YTD) return stood at 0.67% while market capitalisation gained ₦187.90bn to close at ₦28.10trn.

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 40.86%. A total of 321.67m shares valued at ₦4.35bn were exchanged in 4,122 deals. FBNH (+3.21%) led the volume chart and value chart with 207.62m units traded in deals worth ₦2.47bn.

Market breadth closed positive at a 2.38-to-1 ratio with advancing issues outnumbering declining ones. BUAFOODS (+10.00%) led eighteen (18) others on the gainer’s log, while FCMB (-8.83%) topped seven (7) others on the laggard’s table

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index51,595.660.670.67
Market Cap. (₦ ‘trillion)28.100.670.67
Volume (millions)321.67-63.88
Value (₦ ‘billion)4.35-40.86

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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