Opening the week, activity on the Lagos bourse ended mixed albeit with a bullish tilt as the benchmark index closed 0.03% higher to settle at 52,231.29 points. Gains in ZENITHBANK (+0.62%), ACCESSCORP (+1.01%) and WAPCO (+0.41%) offset declines in GTCO (-0.62%), STANBIC (-0.27%), and FBNH (-0.41%). As a result, the year-to-date (YTD) return rose at 1.91%, while the market capitalization rose by ₦9.07bn to close at ₦28.44trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 49.01%. A total of 626.39m shares valued at ₦5.60bn were exchanged in 6,033 deals. TRANSCORP (+9.65%) led volume chart with 190.85m units traded, while ACCESSCORP (+1.01%) led the value chart in deals worth ₦1.25bn.
Market breadth closed positive at a 1.33-to-1 ratio with advancing issues outnumbering declining ones. OANDO (+9.91%) led nineteen (19) others on the leader’s log while NEM (-9.45%) topped fourteen (14) others on the laggard’s table.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 52,231.29 | 0.03 | 1.91 |
| Market Cap. (₦ ‘trillion) | 28.44 | 0.03 | 1.88 |
| Volume (millions) | 626.39 | -55.81 | |
| Value (₦ ‘billion) | 5.60 | -49.01 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| BUACEMENT | ₦2.80 | 14-Aug-23 | 24-Aug-23 |
| TOTAL | ₦21.00 | 26-Apr-23 | 2-Jun-23 |
| STANBIC | ₦2.00 | 12-Apr-23 | 26-May-23 |
| ACCESSCORP | ₦1.30 | 10-May-23 | 24-May-23 |
| NESTLE | ₦36.50 | 24-Apr-23 | 18-May-23 |
| GTCO | ₦2.80 | 2-May-23 | 11-May-23 |
| SEPLAT | $0.075 (final) | 19-Apr-23 | 16-May-23 |
| ZENITHBANK | ₦2.90 | 17-Apr-23 | 2-May-23 |
| WAPCO | ₦2.00 | 11-Apr-23 | 28-Apr-23 |
| UBA | ₦0.90 | 17-Apr-23 | 27-Apr-23 |
| NB | ₦1.03 | 17-Mar-23 | 26-Apr-23 |
| DANGCEM | ₦20.00 | 31-Mar-23 | 24-Apr-23 |
| MTNN | ₦10.00 | 28-Mar-23 | 20-Apr-23 |
| DANGSUGAR | ₦1.50 | 27-Mar-23 | 15-Apr-23 |
| GEREGU | ₦8.00 | 28-Feb-23 | 29-Mar-23 |
