TUE, 18 OCT, 2022-theGBJournal The NGX Exchange extended losses from the previous session today, bringing the All-Share Index down by 2.16% to close at 45,366.32 points the lowest since 18 January.
The extended rout in the market was primarily driven by continued selloffs in telco heavyweight, AIRTELAFRI (-10.00%). Consequently, the year-to-date (YTD) return fell to 6.20%, with the market capitalisation shedding N545.46bn to close at N24.71trn.
Analysis of today’s market activities showed that trade turnover settled lower relative to the previous session, with the value of transactions down by 16.03%. A total of 420.28m units of shares valued at N3.62bn were exchanged in 3,486 deals. GTCO (+2.49%) led the volume chart with 57.41m units traded while AIRTELAFRI (-10.00%) led the value chart in deals worth N1.35bn.
Market breadth closed positive at a 1.3-to-1 ratio, with advancing ones outnumbering declining ones. UCAP (+9.69%) led seventeen others on the gainer’s table, while AIRTELAFRI (-10.00%) topped thirteen others on the laggard’s log.
Market Activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 45,366.32 | -2.16 | +6.20 |
| Market Cap. (N ‘trillion) | 24.71 | -2.16 | +10.81 |
| Volume (millions) | 420.28 | +204.59 | |
| Value (N ‘billion) | 3.62 | -16.03 |
Dividend Information
| 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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