Nigerian equities recovered as the benchmark Index rose by 0.55% to settle at 44,050.44 points. Bullish sentiment in telco heavyweights, MTNN (+0.32%), BUAFOODS (+0.80%) and ZENITHBANK (+8.46%) drove the market’s rebound. Consequently, the year-to-date (YTD) return rose to 3.12%, with market capitalisation gaining ₦131.92bn to close at ₦23.99trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 141.12%. A total of 159.44m shares valued at ₦2.86bn were exchanged in 3,039 deals. FIDELITYBK (-1.95%) led the volume chart with 27.95m units traded while AIRTELAFRI (+0.00%) led the value chart in deals worth ₦626.62m.
Market breadth closed flat. CORNERST (+10.00%) topped eighteen (18) others on the gainer’s table, while ETERNA (-10.00%) led eighteen (18) others on the laggard’s log.
Find below key highlights of market activities.
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 44,050.44 | 0.55 | 3.12 |
| Market Cap. (₦ ‘trillion) | 23.99 | 0.55 | 7.61 |
| Volume (millions) | 159.44 | 54.10 | |
| Value (₦ ‘billion) | 2.86 | 141.12 |
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
