MON, 05 SEPT, 2022-theGBJournal| Nigerian equities reversed the three-day winning streak as the All-Share Index closed 0.11% weaker to close at 49,991.41 points. Tier-1 banking names, ZENITHBANK (-2.33%), STANBIC (-3.03%), UBA (-1.38%) alongside WAPCO (-4.20%) drove the market’s weak performance.
As a result, the ASI’s year-to-date (YTD) return fell to 17.03%, while the market capitalization lost N29.12bn to close at N26.96trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions decreasing by 44.55%. A total of 200.92m shares valued at N1.45bn were exchanged in 3,976 deals. STERLNBANK (-2.01%) led the volume charts with 90.9m units traded while MTNN (+0.00%) led the value charts in deals worth N252.47m.
Market breadth closed negative at a 1.33-to-1 ratio with declining issues outnumbering advancing ones. ABCTRANS (-9.68%) topped 15 others on the laggard’s table, while CHAMS (+7.69%) led eleven 11 others on the leader’s log.
Highlights of market activities.
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 49,991.41 | -0.11 | +17.03 |
| Market Cap. (N ‘trillion) | 26.96 | -0. 11 | +20.93 |
| Volume (millions) | 200.92 | -14.47 | |
| Value (N ‘billion) | 1.45 | -44.55 |
Dividend Information for 2022
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| STANBIC | ₦1.50 (interim) | 7-Sep-22 | 21-Sep-22 |
| ZENITHBANK | ₦0.30 (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 |
| OKOMU OIL | N7.00 (interim) | 26-Aug-22 | 29-Aug-22 |
| MTNN | N5.60 (interim) | 19-Aug-22 | 26-Aug-22 |
| BUAFOODS | N3.50 | 14-Jul-22 | 4-Aug-22 |
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