TUE, 20 SEPT, 2022-theGBJournal| Activity on the NGX Exchange was mixed Tuesday, albeit with a bullish tilt as the benchmark index edged up slightly higher (+0.01%) to settle at 49,445.31 points.
Selloffs in market heavyweight MTNN (-0.05%) as well as Tier-one GTCO (-0.51%) was offset by increased demand in FBNH (+5.00%) and ZENITHBANK (+0.25%). Consequently, the year-to-date (YTD) return increased to 15.75%, while the market capitalisation rose by N3.22bn to close at N26.67trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions increasing by 61.72%. A total of 147.59m shares valued at N2.39bn were exchanged in 3,323 deals. GTCO (-0.51%) led the volume chart with 35.82m units traded, while MTNN (-0.05%) led the value chart in deals worth N860.43m.
Market breadth closed negative at a 1.3-to-1 ratio with declining issues outnumbering advancing ones. TOTAL (-9.98%) topped twelve (12) others on the laggard’s table, while RTBRISCOE (+10.00%) led nine (9) others on the leader’s log.
Highlights of market activity
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 49,445.31 | +0.01 | +15.75 |
| Market Cap. (N ‘trillion) | 26.67 | +0.01 | +19.62 |
| Volume (millions) | 147.59 | +119.07 | |
| Value (N ‘billion) | 2.39 | +61.72 |
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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