Home Finance NGX end week on positive note

NGX end week on positive note

by Business News Report

Closing the week, the domestic bourse ended the session on a positive note, bringing the All-Share index up by 0.42% to close at 49,706.09 points, the highest point since 5 September. Buying interests in ZENITHBANK (+1.87%), GTCO (+1.35%), WAPCO (+4.45%) and FBNH (+2.16%) kept the market in the green. Consequently, having gained in all five trading sessions this week, the ASI closed 0.79% higher w/w, its sixth consecutive weekly gain.

Over the course of the week, strong performances in BUAFOODS (+2.52% w/w), ZENITHBANK (+1.87% w/w), GTCO (+7.42% w/w), WAPCO (+4.45% w/w) and FBNH (+8.26% w/w) were sufficient to keep the market in the positive terrain. Consequently, the year-to-date (YTD) return rose to 16.36%, while the market capitalisation gained ₦212.31bn w/w to close at ₦27.07trn.

Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 27.87%. A total of 140.37m shares valued at ₦4.02bn were exchanged in 2,063 deals. UPDCREIT (+3.45%) led the volume chart with 50.39m units traded, while MTNN (+0.00%) led the value chart in deals worth ₦1.75bn. Market breadth closed positive at a 3.11-to-1 ratio with advancing issues outnumbering declining ones. GEREGU (+10.00%) topped twenty-seven (27) others on the gainer’s log, while CHAMS (-4.35%) led eight (8) others on the laggard’s table. 

Source: Coronation Securities

Find below key highlights of market activities

IndicatorsCurrentChange (%)YTD
All-Share Index49,706.090.4216.36
Market Cap. (₦ ‘trillion)27.070.4221.42
Volume (millions)140.375.88
Value (₦ ‘billion)4.0227.87

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

Related Posts