Coronation Daily Market Wrap - 24 January 2023

Coronation Daily Market Wrap - 24 January 2023
(Source: Coronation Research, Date: 24-Jan-2023)

NGX All-Share Index sheds 9bps

Dear Infoware Limited,

Bearish sentiment drove the domestic bourse today as the NGX All-Share Index closed 0.09% lower to settle at 52,612.55 points. Gains in DANGCEM (+0.72%), ACCESSCORP (+1.12%) and UBA (+2.47%) were eroded by losses in ZENITHBANK (-0.41%), GTCO (-0.41%) and NB (-9.90%). Consequently, the year-to-date (YTD) return fell to 2.66%, while the market capitalization shed ₦24.59bn to close at ₦28.66trn.Analysis of today's market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 171.53%. A total of 182.40m shares valued at ₦4.82bn were exchanged in 3,470 deals. GEREGU (-4.04%) led the volume and value charts with 23.84m units traded in deals worth ₦3.20bn.Market breadth closed positive at a 1.36-to-1 ratio with advancing issues outnumbering declining ones. MBENEFIT (+10.00%) topped fourteen (14) others on the gainer's table, while NB (-9.90%) led ten (10) others on the laggard's log.

Find below key highlights of market activities.

Indicators	Current	Change (%)	YTD
All-Share Index	52,612.55	-0.09	+2.66
Market Cap. (₦ 'trillion)	28.66	-0.09	+2.66
Volume (millions)	182.40	+26.90
Value (₦ 'billion)	4.82	+171.53

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

Read Disclaimer

Information used in the preparation of this publication is believed to be accurate at the time of going to press, though not verified independently. No liability is accepted for errors nor omissions of fact, nor is any warranty given for the reasonableness, accuracy or completeness of the information presented. Neither Coronation Securities Limited, nor its directors, employees and contractors accept(s) responsibility for losses or opportunity costs, whether direct or consequential, that may be incurred as a result of trading, or not trading, on information covered in this publication, or other securities, as a result of any decision taken after reading this publication.

For further enquiries, please contact marketupdates@coronationsl.comCoronation Securities Limited, 10 Amodu Ojikutu Street, Off Saka Tinubu Street Victoria Island, Lagos, NigeriaCopyright Ã‚Â© 2023, All rights reserved

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Coronation Daily Market Wrap - 24 January 2023 (Source: Coronation Research, Date: 24-Jan-2023)

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Coronation Daily Market Wrap - 24 January 2023
(Source: Coronation Research, Date: 24-Jan-2023)