TUE, 11 OCT, 2022-theGBJournal| Activities in the domestic equities market resumed the week on a positive note as the NGX All-Share Index notched a 0.5% increase to close at 47,565.92 points.
The positive performance was supported by bargain-hunting in BUACEMENT (+8.7%). Accordingly, the Month-to-Date and Year-to-Date returns settled at -3.0% and +11.4%, respectively.
The total volume of trades declined by 8.5% to 125.65 million units, valued at NGN1.90 billion, and exchanged in 4,188 deals. GTCO was the most traded stock by volume and value at 38.87 million units, and NGN659.10 million.
Sectoral performance was mixed, as the Industrial Goods (+3.2%), Banking (+0.7%), and Insurance (+0.2%) indices recorded gains, while the Oil & Gas (-2.4%) and Consumer Goods (-0.1%) indices declined.
As measured by market breadth, market sentiment was negative (0.9x), as 14 tickers lost relative to 12 gainers. UPL (-8.5%) and CADBURY (-6.9%) topped the losers’ list, while MAYBAKER (+9.8%) and IKEJAHOTEL (+9.7%) recorded the highest gains of the day.
Market Highlights
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 47,565.92 | +0.45 | +11.35 |
| Market Cap. (N ‘trillion) | 25.91 | +0.45 | +16.19 |
| Volume (millions) | 125.65 | -8.47 | |
| Value (N ‘billion) | 1.90 | +11.09 |
Dividend Information for 2022
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| ACCESSCORP | N0.20 (interim) | 28-Sep-22 | 12-Oct-22 |
| GTCO | N0.30 (interim) | 21-Sep-22 | 30-Sep-22 |
| UBA | N0.20 (interim) | 22-Sep-22 | 29-Sep-22 |
| STANBIC | N1.50 (interim) | 7-Sep-22 | 21-Sep-22 |
| ZENITHBANK | N0.30 (interim) | 7-Sep-22 | 13-Sep-22 |
| SEPLAT | $0.025 (interim) | 15-Aug-22 | 9-Sep-22 |
| CUSTODIAN | N0.10 (interim) | 26-Aug-22 | 1-Sep-22 |
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