Home Stock Market NGX All-Share Index opens the week strong, gains 0.93%

NGX All-Share Index opens the week strong, gains 0.93%

by Business News Report

The Stock Market opened this Week on a positive note as the benchmark index advanced by 0.93% to close at 51,700.36 points. Sustained interest in AIRTELAFRI (+5.16%) alongside NB (+1.91%) and FBNH (+0.45%) contributed to keeping the market in the green, offsetting losses in ZENITHBANK (-0.61%), GTCO (-1.25%) and STANBIC (-4.33%). Consequently, the year-to-date (YTD) return rose to 0.88%, while the market capitalisation gained ₦260.37bn to close at ₦28.16trn.

Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 60.96%. A total of 229.22m shares valued at ₦2.91bn were exchanged in 3,900 deals. STERLNBANK (+0.00%) led the volume chart with 85.18m units traded while AIRTELAFRI (+5.16%) led the value chart in deals worth ₦1.03bn.

Market breadth closed negative at a 1.25-to-1 ratio with declining issues outnumbering  advancing ones. UBN (-8.63%) led fourteen (14) others on the laggard’s log, while AIRTELAFRI (+5.16%) topped eleven (11) others on the gainer’s table.

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index51,700.360.930.88
Market Cap. (₦ ‘trillion)28.160.930.88
Volume (millions)229.2217.10
Value (₦ ‘billion)2.91-60.96

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 securities

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