Nigerian equities opened the week on a positive note, extending gains from the previous session as the All-Share Index closed 0.04% stronger to close at 48,899.08 points, the highest point since 04 October. The market’s performance was driven by gains in ZENITHBANK (+1.58%), WAPCO (+0.69%) and FBNH (+1.85%) outweighing selloffs in STANBIC (-1.80%), ACCESSCORP (-0.58%) and UBA (-1.35%). Consequently, the year-to-date (YTD) return rose to 14.47%, while the market capitalization gained ₦9.34bn to close at ₦26.63trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions increasing by 120.07%. A total of 236.59m units of shares valued at ₦2.52bn were exchanged in 3,334 deals. ACCESSCORP (-0.58%), led the volume chart and value chart with 120.98m units traded in deals worth ₦1.03bn.
Market breadth closed negative at a 1.25-to-1 ratio with declining issues outnumbering advancing ones. NEIMETH (-8.57%) led nine (9) others on the laggard’s table, while LEARNAFRICA (+9.70%) topped seven (7) others on the gainer’s log.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 48,899.08 | 0.04 | 14.47 |
| Market Cap. (₦ ‘trillion) | 26.63 | 0.04 | 19.45 |
| Volume (millions) | 236.59 | 134.65 | |
| Value (₦ ‘billion) | 2.52 | 120.07 |
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 |
