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
|Market Cap. (₦ ‘trillion)||28.44||0.03||1.88|
|Value (₦ ‘billion)||5.60||-49.01|
Dividend Information for 2023
|Company||Dividend (Bonus)||Closure Date||Payment Date|