Coronation Daily Market Wrap - 04 January 2023

Coronation Daily Market Wrap - 04 January 2023
(Source: Coronation Research, Date: 04-Jan-2023)

NGX All-Share Index finishes Santa Claus rally, up 0.12%

Dear Infoware Limited,

Today, bullish sentiment persisted on the Lagos bourse to round off the seven-trading session Santa Claus rally. Gains in BUAFOODS (+2.10%), ZENITHBANK (+0.42%) and GTCO (+1.08%) offset losses in BUACEMENT (-1.79%), FBNH (-1.78%) and ACCESSCORP (-0.57%), keeping the market in the green. Consequently, the benchmark index posted a 0.12% gain to settle at 51,657.56 points. As a result, the year-to-date (YTD) return rose to 0.79%, while market capitalization gained ₦33.71bn to close at ₦28.14trn.Analysis of today's market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 211.02%. A total of 265.73m shares valued at ₦13.53bn were exchanged in 4,156 deals. BUACEMENT (-1.79%) led the volume chart and value chart with 101.65m units traded in deals worth ₦9.85bn.Market breadth closed positive at a 1.64-to-1 ratio with advancing issues outnumbering declining ones. NAHCO (+10.00%) led seventeen (17) others on the gainer's log, while CHAMPION (-10.00%) topped ten (10) others on the laggard's table.

Find below key highlights of market activities.

Indicators	Current	Change (%)	YTD
All-Share Index	51,657.56	+0.12	+0.79
Market Cap. (₦ 'trillion)	28.14	+0.12	+0.79
Volume (millions)	265.73	-13.79
Value (₦ 'billion)	13.53	+211.02

Dividend Information for 2022

Company	Dividend (Bonus)	Closure Date	Payment Date
SEPLAT	$0.025 (interim)	11-Nov-22	6-Dec-22
ACCESSCORP	₦0.20 (interim)	28-Sep-22	12-Oct-22
GTCO	₦0.30 (interim)	21-Sep-22	30-Sep-22
UBA	₦0.20 (interim)	22-Sep-22	29-Sep-22
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	₦0.10 (interim)	26-Aug-22	1-Sep-22
OKOMU OIL	₦7.00 (interim)	26-Aug-22	29-Aug-22
MTNN	₦5.60 (interim)	19-Aug-22	26-Aug-22
BUAFOODS	₦3.50	14-Jul-22	4-Aug-22
AIRTELAF	$0.03 (final)	23-Jun-22	22-Jul-22
BUACEMENT	₦2.60	15-Jul-22	21-Jul-22
FBNH	₦0.35	14-Jun-22	21-Jun-22
NESTLE	₦25.50	3-Jun-22	30-Jun-22
TOTAL	₦18.20 (final)	29-Apr-22	17-Jun-22
DANGSUGAR	₦1.00	2-Jun-22	15-Jun-22
NB	₦1.20 (final)	16-Mar-22	22-Apr-22
WAPCO	₦1.00 (final)	8-Apr-22	21-Apr-22

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