Nigerian bourse ended the week cumulatively on a bullish note. The NSE All-Share Index and Market Capitalization both appreciated by 0.63% to close the week at 25,199.84 points and N13.146 trillion respectively. Investors gained N82.46 billion WoW.

A total turnover of 1.327 billion shares worth N13.934 billion in 19,392 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 1.065 billion shares valued at N10.798 billion that exchanged hands last week in 20,482 deals.

The Financial Services industry (measured by volume) led the activity chart with 886.545 million shares valued at N8.360 billion traded in 10,161 deals; thus contributing 66.79% and 60.00% to the total equity turnover volume and value respectively.

The Conglomerates industry followed with 155.956 million shares worth N187.728 million in 828 deals. In third place was the Consumer Goods industry, with a turnover of 141.099 million shares worth N2.229 billion in 3,403 deals.

Trading in the top three equities – Guaranty Trust Bank Plc, Transnational Corporation of Nigeria Plc and Zenith Bank Plc. (measured by volume) accounted for 419.455 million shares worth N6.079 billion in 3,854 deals, contributing 31.60% and 43.63% to the total equity turnover volume and value respectively.

Twenty-nine (29) equities appreciated at price during the week, lower than Forty-one (41) equities in the previous week.

Thirty-three (33) equities depreciated in price, higher than Eighteen (18) equities in the previous week, while one hundred and one (101) equities remained unchanged, lower than one hundred and four (104) equities recorded in the previous week

Top gainers

• CADBURY NIGERIA PLC. up 12.88% to close at N7.45
• NIGERIAN BREW. PLC. up 12.5% to close at N36.00
• UNILEVER NIGERIA PLC. up 11.61% to close at N12.50
• C & I LEASING PLC. up 10.00% to close at N4.40
• SEPLAT PETROLEUM DEVELOPMENT COMPANY PLC up 10.00% to close at N385.00
• GUINNESS NIG PLC up 9.22% to close at N15.40
• AIRTEL AFRICA PLC up 9.20% to close at N380.00
• LASACO ASSURANCE PLC. up 8.33% to close at N0.26
• FIDSON HEALTHCARE PLC up 8.19% to close at N3.70
• PRESCO PLC up 7.29% to close at N51.50

Top 10 losers

• CHAMPION BREW. PLC. down 25.26% to close at N0.71
• IKEJA HOTEL PLC down 25.00% to close at N0.84
• CORNERSTONE INSURANCE PLC down 10.91% to close at N0.49
• N NIG. FLOUR MILLS PLC. down 10.00% to close at N3.87
• CONSOLIDATED HALLMARK INSURANCE PLCdown 9.76% to close at N0.37
• HONEYWELL FLOUR MILL PLC down 9.52% to close at N0.95
• INTERNATIONAL BREWERIES PLC. down 9.52% to close at N2.85
• ARBICO PLC. down 9.35% to close at N1.26
• ACADEMY PRESS PLC. down 9.09% to close at N0.30
• UNITY BANK PLC down 8.47% to close at N0.54

Outlook

Nigerian bourse ended the week cumulatively on a positive note as bluechip stocks like GUINNESS, NB, SEPLAT, AIRTEL, UNILEVER recorded an impressive gain.

This was partly triggered by soaring crude oil prices despite the resurgence of the COVID-19 pandemic and rising unemployment data recently released.

Nairametrics encourages you to seek the advice of a certified financial advisor, in setting up your stock portfolio.

Nigerian stock market closed today on a bearish note. The All Share Index dropped by -0.15% to close at 25,199.84 basis points as against +0.38% appreciation recorded previously.

Its Year-to-Date (YTD) returns currently stands at -6.12%. The market capitalization presently stands at N13.146 trillion.

Nigerian bourse trading turnover closed positive as volume moved up by +86.96% as against +25.97% uptick recorded in the previous session. WAPIC, UNILEVER, and ZENITHBANK were the most active to boost market turnover.

WAPIC leads the list of active stocks that recorded an impressive volume spike at the end of today’s session.

Market breadth closed negative as CILEASING led 11 Gainers as against 23 Losers topped by NNFM at the end of today’s session – an unimproved performance when compared with the previous outlook.

READ MORE: Uber partners Unilever to ensure compliance to health guidelines

Top gainers

• CILEASING up 10.00% to close at N4.4
• FIDSON up  4.82% to close at N3.7
• REDSTAREX up  2.74% to close at N3.75
• AFRIPRUD N4.30.1 2.33% to close at N4.4
• BUACEMENT up  0.78% to close at N38.9

Top losers

• NNFM down 10.00% to close at N3.87
• CAP down 5.03% to close at N17
• CADBURY down 3.87% to close at N7.45
• UNILEVER down 3.85% to close at N12.5
• MTNN down 0.42% to close at N119

READ: Gains from Nigerian pharmaceutical stocks curb the bearish trend 

Outlook

Nigerian bourse closed its last trading session for the week on a bearish, despite improved market liquidity printed at today’s trading session. Narametrics envisages you seek the advice of a certified financial advisor, when buying stocks.

As audited accounts start to trickle in, companies will propose dividend payments to their shareholders as recommended by their respective boards of directors. It is also important to track these announcements to know who is eligible to collect the dividend, when it will be approved and when it will be paid. Dividend payment also affects share prices.

This page will be updated from time to time.

READ ALSO: Updated: Gender Balance, looking at the board composition of top banks on the NSE

Legend

Date Announced – The date the company announced dividends evidenced by a corporate action published on the website of the NSE.

Qualification date – Shareholders who own shares as of this date will receive dividends. If you buy shares and want to receive dividends make sure it is at least three days before this date. Shares get transferred to you on the basis of the T+3 rule (the date you bought plus 3 working days).

Payment date – This is when the dividend will be paid to you, either via post (dividend warrants) or direct credit to your bank accounts (e-dividend).

Calculate Dividends

Closure of Register – Only shareholders who own shares listed in their register before this date will be paid dividends.

You can also scroll sideways to view the rest of the columns if using a mobile phone.

READ MORE: How to read stock market tables

2020 Dividends from companies quoted on the Nigerian Stock Exchange

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