WED, 21 SEPT, 2022-theGBJournal| The domestic bourse settled lower following profit-taking activities in FBNH (-3.3%) amid the markdown in GTCO. Thus, the All-Share Index declined by 0.1% to close at 49,421.91 points. Accordingly, the Month-to-Date loss and Year-to-Date gain settled at -0.8% and +15.8%, respectively.
The total volume traded declined by 64.9% to 51.88 million units, valued at NGN590.01 million, and exchanged in 2,981 deals. ZENITHBANK was the most traded stock by volume and value at 6.30 million units, and NGN125.54 million, respectively.
Analysing by sectors, the Insurance (-1.2%), and Oil & Gas (-0.1%) indices declined, while the Consumer Goods and Industrial Goods indices closed flat. The Banking (+0.3%) index was the sole gainer of the day.
As measured by market breadth, market sentiment was negative (0.8x) as 12 tickers lost relative to 10 gainers. ACADEMY (-9.8%) and NEM (-6.1%) recorded the most significant losses of the day, while UNITYBNK (+10.0%) and MULTIVERSE (+9.8%) topped the gainers’ list.
Highlights of Market activity
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 49,421.91 | -0.05 | +15.70 |
| Market Cap. (N ‘trillion) | 26.66 | -0.05 | +19.56 |
| Volume (millions) | 51.88 | -64.85 | |
| Value (N ‘billion) | 0.59 | -75.35 |
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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