The Nigerian equities staged a rebound, recouping the prior session losses as the benchmark index closed 0.47% stronger to settle at 100,503.21 points, the highest point since 15 April. Gains in telco heavyweight AIRTELAFRI (+4.76%) and ACCESSCORP (+0.26%) pushed the broader index into the positive terrain, offsetting losses in GTCO (-0.44%), ZENITHBANK (-7.00%) and FBNH (-4.00%). As a result, the market is on track for a weekly gain. The year-to-date return rose to 39.08%, while the market capitalisation gained ₦262.82bn to close at ₦56.91trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 17.30%. A total of 392.80m shares valued at ₦8.33bn were exchanged in 9,013 deals. GTCO led the volume chart with 39.75m units traded while AIRTELAFRI (+4.76%) led the value chart with deals worth ₦2.25bn.
Market breadth closed negative at a 0.82-to-1 ratio with declining issues outnumbering the advancing ones. LINKASSURE (-10.00%) topped twenty-seven (27) others on the laggard’s table while UCAP (+9.92%) led twenty-two (22) others on the leader’s log.
Dividend Information for 2024
Indicators | Current | Change (%) | YTD |
All-Share Index | 100,503.21 | 0.47 | 34.41 |
Market Cap. (₦ ‘trillion) | 56.91 | 0.46 | 39.08 |
Volume (millions) | 392.80 | -64.27 | |
Value (₦ ‘billion) | 8.33 | -17.30 |
Find below key highlights of market activities
Company | Dividend (Bonus) | Closure Date | Payment Date |
BUAFOODS | ₦5.50 | 20-Aug-24 | 26-Sep-24 |
BUACEMENT | ₦2.00 | 12-Aug-24 | 29-Aug-24 |
FBNH | ₦0.40 | 15-Aug-24 | 23-Aug-24 |
AIRTELAFRI | $0.037 | 24-Jun-24 | 26-Jul-24 |
BETAGLAS | ₦1.4 | 25-Jun-24 | 6-Jul-24 |
FIDSON | ₦0.6 | 19-Jun-24 | 6-Jul-24 |
TOTAL | ₦25.00 | 24-Apr-24 | 24-Jun-24 |
UACN | ₦0.22 | 7-Jun-24 | 21-Jun-24 |
JBERGER | ₦3 | 3-Jun-24 | 21-Jun-24 |
TRANSEXPR | ₦0.02 | 12-Jun-24 | 20-Jun-24 |
SEPLAT ENERGY | $0.03 ( Q1 INTERIM) | 3-Jun-24 | 14-Jun-24 |
MAYBAKER | ₦0.3 | 22-May-24 | 6-Jun-24 |
PRESCO | ₦24.30 | 15-May-24 | 30-May-24 |
SEPLAT ENERGY | $0.03 | 29-Apr-24 | 29-May-24 |
TRANSCORP | ₦0.10 | 26-Apr-24 | 28-May-24 |
WEMA | ₦0.5 | 10-May-24 | 28-May-24 |
MEYER | ₦0.3 | 29-Apr-24 | 27-May-24 |
UBA | ₦2.30 | 13-May-24 | 24-May-24 |
NAHCO | ₦2.56 | 13-May-24 | 24-May-24 |
TRANSPOWER | ₦3.13 | 22-Apr-24 | 22-May-24 |
STANBIC | ₦2.20 | 22-Apr-24 | 17-May-24 |
FIDELITYBK | ₦0.60 | 29-Apr-24 | 16-May-24 |
UNILEVER | ₦0.75 | 29-Apr-24 | 10-May-24 |
GTCO | ₦2.70 | 29-Apr-24 | 9-May-24 |
ZENITHBANK | ₦3.50 | 26-Apr-24 | 8-May-24 |
DANGCEM | ₦30.00 | 16-Apr-24 | 29-Apr-24 |
UCAP | ₦1.80 | 10-Apr-24 | 23-Apr-24 |
ACCESSCORP | ₦1.80 | 11-Apr-24 | 19-Apr-24 |
TRANSCOHOT | ₦0.20 | 16-Apr-24 | 30-Apr-24 |
LAFAERGE | ₦1.90 | 2-Apr-24 | 16-Apr-24 |
NGXGROUP | ₦0.75 | 27-Mar-24 | 29-Apr-24 |
GEREGU | ₦8.00 | 28-Feb-24 | 28-Mar-24 |
VITAFOAM | 1.56 | 13-Feb-24 | 7-Mar-24 |