WED, 13 JULY, 2022-theGBJournal| Opening the holiday shortened week, activity on the Lagos bourse ended mixed as the NGX All-Share index closed slightly higher (+0.02%) at 51,567.69 points. Gains in ZENITHBANK (+2.05%), FBNH (+0.94%) and INTBREW (+7.41%) offset losses in bank stocks, ACCESSCORP (-2.11%), UBA (-0.66%), and FCMB (-5.31%). Consequently, the year-to-date (YTD) return stood at 20.72%, while the market capitalisation rose by N5.55bn to close at N27.81trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions increasing by 22.65%. A total of 198.82m units of shares valued at N2.18bn were exchanged in 4,769 deals. GTCO (+0.00%) led the volume and value charts with 51.89m units traded in deals worth N1.06bn.
Market breadth closed negative at a 2.27-to-1 ratio with declining issues outnumbering advancing ones. MULTIVERSE (-10.00%) topped twenty-four (24) others on the laggard’s table, while CWG (+10.00%) led ten (10) others on the gainer’s log.
Highlights of market activities.
| Indicators | Current | Change (%) | YTD (%) |
| All-Share Index | 51,567.69 | +0.02 | +20.72 |
| Market Cap. (N ‘trillion) | 27.81 | +0.02 | +24.72 |
| Volume (millions) | 198.82 | +72.69 | |
| Value (N ‘billion) | 2.18 | +22.65 |
Dividend Information
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| BUAFOODS | N3.50 | 14-Jul-22 | 4-Aug-22 |
| AIRTELAFRI | $0.03 (final) | 23-Jun-22 | 22-Jul-22 |
| BUACEMENT | N2.60 | 15-Jul-22 | 21-Jul-22 |
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