MON, 22 AUG, 2022-theGBJournal| Nigerian equities extended losses for the fourth consecutive session to open the week as the All-Share Index closed 0.05% weaker to settle at 49,346.40 points, the lowest point since 28 April.
Selloffs in ETI (-5.66%), UBA (-0.70%) and GTCO (-0.25%) outweighed gains in ZENITHBANK (+0.23%) and WAPCO (+0.21%). Consequently, the year-to-date (YTD) return fell to 15.52%, with market capitalisation down N13.06bn to close at N26.62trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 19.97%. A total of 122.74m shares valued at N1.30bn were exchanged in 3,915 deals. TRANSCORP (-1.87%) led the volume chart with 9.23m units traded, while MTNN (+0.00%) led the value chart in deals worth N206.42m.
Market breadth closed negative at a 2.25-to-1 ratio, with declining issues outnumbering advancing ones. FTNCOCOA (-9.09%) topped seventeen others on the laggard’s log, while COURTVILLE (+9.09%) led seven others on the leader’s table.
Key highlights of market activities.
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 49,346.40 | -0.05 | +15.52 |
| Market Cap. (N ‘trillion) | 26.62 | -0.05 | +19.37 |
| Volume (millions) | 122.74 | -7.18 | |
| Value (N ‘billion) | 1.30 | -19.97 |
Dividend Information for 2022
| CUSTODIAN | Dividend (Bonus) | Closure Date | Payment Date |
| SEPLAT | $0.025 (interim) | 15-Aug-22 | 09-Sep-22 |
| CUSTODIAN | N0.10 (interim) | 26-Aug-22 | 01-Sep-22 |
| OKOMU OIL | N7.00 (interim) | 26-Aug-22 | 29-Aug-22 |
| MTNN | N5.60 (interim) | 19-Aug-22 | 26-Aug-22 |
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