WED, 02 NOV, 2022-theGBJournal| Ending four uninterrupted sessions of losses, Nigerian equities recovered as the benchmark Index rose by 1.23% to settle at 44,283.02 points.
Bullish sentiment in index heavyweights DANGCEM (+8.84%) offset losses in MTNN (-0.46%) and ZENITHBANK (-0.25%) keeping the market in the green. Accordingly, the year-to-date (YTD) return rose to 3.67%, with market capitalisation gaining N293.10bn to close at N24.12trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 61.97%. A total of 155.41m shares valued at N1.53bn were exchanged in 3,796 deals. STERLNBANK (-2.11%) led the volume chart with 24.28m units traded while MTNN (-0.46%) led the value chart in deals worth N238.86m.
Market breadth closed negative at a 2.44-to-1 ratio with declining issues outnumbering advancing ones. MRS (-9.65%) topped twenty-one (21) others on the laggard’s table, while DANGCEM (+8.84%) led eight (8) others on the leader’s log.
Market Activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 44,283.02 | +1.23 | +3.67 |
| Market Cap. (N ‘trillion) | 24.12 | +1.23 | +8.19 |
| Volume (millions) | 155.41 | -10.10 | |
| Value (N ‘billion) | 1.53 | -61.97 |
Dividend Information
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| SEPLAT | $0.025 (interim) | 11-Nov-22 | 6-Dec-22 |
| 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 |
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