Bearish sentiment drove the domestic bourse today as the NGX All-Share Index closed 1.81% lower – the biggest single day loss since 19 October – to settle at 43,466.93 points. Selloffs in DANGCEM (-8.33%) and MTNN (-2.04%) underpinned the market’s weak performance. Consequently, the year-to-date (YTD) return fell to 1.76%, while the market capitalization shed ₦436.43bn to close at ₦23.68tn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up 16.97%. A total of 249.91m shares valued at ₦2.50bn were exchanged in 3,283 deals. ACCESSCORP (+0.00%) led the volume and value charts with 128.73m units traded in deals worth ₦1.03bn.
Market breadth closed negative at a 1.90-to-1 ratio with declining issues outnumbering advancing ones. GUINNESS (-9.95%) topped eighteen (18) others on the laggard’s table, while UNITYBNK (+10.00%) led nine (9) others on the laggard’s log.
Find below key highlights of market activities.
Dividend Information for 2022
Data, details from Coronation Research
