The domestic bourse maintained the bull run bringing the benchmark index up by 0.27% to close at 52,235.88 points. Buying interest in BUAFOODS (+5.88%), ZENITHBANK (+1.11%) and STANBIC (+0.54%) offset losses in GTCO (-0.40%), WAPCO (-0.83%) and NB (-10.00%). Accordingly, the market remains on track for its first weekly gain in the month. Consequently, the year-to-date (YTD) return rose to 1.92%, while the market capitalisation gained ₦75.28bn 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 9.52%. A total of 2.33bn shares valued at ₦17.62bn were exchanged in 6,958 deals. ACCESSCORP (-3.38%) led the volume and value charts with 1.23bn units traded in deals worth ₦12.51bn.
Market breadth closed positive at a 1.40-to-1 ratio with advancing issues outnumbering declining ones. HONYFLOUR (+10.00%) topped twenty (20) others on the leader’s log while NB (-10.00%) topped fourteen (14) others on the laggard’s table.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 52,235.88 | 0.27 | 1.92 |
| Market Cap. (₦ ‘trillion) | 28.44 | 0.27 | 1.89 |
| Volume (millions) | 2,334.25 | -63.96 | |
| Value (₦ ‘billion) | 17.62 | -9.52 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| BUACEMENT | ₦2.80 (final) | 14-Aug-23 | 24-Aug-23 |
| TOTAL | ₦21.00 (final) | 26-Apr-23 | 2-Jun-23 |
| STANBIC | ₦2.00 (final) | 12-Apr-23 | 26-May-23 |
| ACCESSCORP | ₦1.30 (final) | 9-May-23 | 24-May-23 |
| NESTLE | ₦36.50 (final) | 24-Apr-23 | 18-May-23 |
| GTCO | ₦2.80 (final) | 2-May-23 | 11-May-23 |
| SEPLAT | $0.075 (final) | 19-Apr-23 | 16-May-23 |
| ZENITHBANK | ₦2.90 (final) | 17-Apr-23 | 2-May-23 |
| WAPCO | ₦2.00 (final) | 11-Apr-23 | 28-Apr-23 |
| UBA | ₦0.90 (final) | 17-Apr-23 | 27-Apr-23 |
| NB | ₦1.03 (final) | 17-Mar-23 | 26-Apr-23 |
| DANGCEM | ₦20.00 (final) | 31-Mar-23 | 24-Apr-23 |
| MTNN | ₦10.00 (final) | 28-Mar-23 | 20-Apr-23 |
| DANGSUGAR | ₦1.50 (final) | 27-Mar-23 | 15-Apr-23 |
| GEREGU | ₦8.00 (final) | 28-Feb-23 | 29-Mar-23 |
Source: Coronation
