WED, 04 MAY, 2022-theGBJournal | Opening the holiday shortened week, Nigerian equities extended gains from last week as the NGX benchmark index closed 0.98% stronger, crossing the 50,000 point psychological mark, to close at 50,126.41 points, the highest point since 06 August 2008.
Buy interests in industrial heavyweight, BUACEMENT (+8.16%), alongside consumer goods, OKOMUOIL (+10.00%), NB (+9.98%), PRESCO (+9.97%) and INTBREW (+9.80%) outweighed losses in WAPCO (-1.67%) and Tier-1 banks, ZENITHBANK (-1.43%), UBA (-2.42%), GTCO (-0.21%) and FBNH (-0.83%) to keep the market in the green. Consequently, the year-to-date (YTD) return rose to 17.35%, while market capitalization gained N262.80bn to close at N27.02trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions declining by 80.19%. A total of 669.30m shares valued at N5.99bn were exchanged in 7,251 deals. UBN (-0.79%) led the volume and value charts with 263.65m units traded in deals worth N1.66bn.
Market breadth closed positive at a 1.15-to-1 ratio with advancing issues outnumbering declining ones. WEMABANK (+10.00%) topped thirty (30) others on the gainer’s log, while OANDO (-10.00%) led twenty-six (26) others on the laggard’s table.
| Indicators | Current | Change (%) | YTD (%) |
| All-Share Index | 50,126.41 | 0.98 | 17.35 |
| Market Cap. (₦ ‘trillion) | 27.02 | 0.98 | 21.20 |
| Volume (millions) | 669.30 | -89.55 | |
| Value (₦ ‘billion) | 5.54 | -80.19 |
Dividend Information for 2022
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| BUACEMENT | N2.60 | 15-Jul-22 | 21-Jul-22 |
| NESTLE | N25.50 | 3-Jun-22 | 30-Jun-22 |
| TOTAL ENERGIES | N18.20 | 29-Apr-22 | 17-Jun-22 |
| DANGSUGAR | N1.00 | 2-Jun-22 | 15-Jun-22 |
| DANGCEM | N20.00 | 31-May-22 | 15-Jun-22 |
| SEPLAT | $0.025 (final) | 6-May-22 | 25-May-22 |
| ACCESSCORP | N0.70 (final) | 20-Apr-22 | 28-Apr-22 |
| MTNN | N8.57(final) | 7-Apr-22 | 28-Apr-22 |
| STANBIC | N2.00 (final) | 13-Apr-22 | 27-Apr-22 |
| NB | N1.20 (final) | 16-Mar-22 | 22-Apr-22 |
| WAPCO | N1.00 | 8-Apr-22 | 21-Apr-22 |
| GTCO | N2.70 (final) | 24-Mar-22 | 8-Apr-22 |
| UBA | N0.80 (final) | 21-Mar-22 | 7-Apr-22 |
| ZENITHBANK | N2.80 (final) | 28-Mar-22 | 6-Apr-22 |
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