NGX All-Share Index hits 4-month low, down 5bps
| 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 ₦13.06bn to close at ₦26.62trn. 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 ₦1.30bn 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 ₦206.42m. Market breadth closed negative at a 2.25-to-1 ratio, with declining issues outnumbering advancing ones. FTNCOCOA (-9.09%) topped seventeen (17) others on the laggard’s log, while COURTVILLE (+9.09%) led seven (7) others on the leader’s table. Find below key highlights of market activities. |
| Dividend Information for 2022 |
SOURCE: Coronation Securities Limited
