The domestic bourse maintained the bull run, increasing the benchmark index by 0.55% to close at 98,762.78 points. Sustained interest in Tier-1 banking tickers ZENITHBANK (+2.02%), GTCO (+7.03%) and FBNH (+4.60%) contributed to the positive sentiment of the market. Accordingly, the market remains on track for its first weekly gain after six consecutive losses. The year-to-date (YTD) return rose to 32.08%, while the market capitalization gained ₦303.79bn to close at ₦55.86trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 62.86%. A total of 665.20m shares valued at ₦5.54bn were exchanged in 8,446 deals. ABBYBDS (+0.00%) led the volume chart with 362.82m units traded, while ACCESSCORP (+3.86%) topped the value chart in deals worth ₦954.62m.
Market breadth closed positive at a 2-to-1 ratio with advancing issues outnumbering the declining ones. PRESCO (+10.00%) topped twenty-seven (27) others on the leader’s table while NASCON (-9.99%) led thirteen (13) others on the laggard’s log.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 98,762.78 | 0.55 | 32.08 |
| Market Cap. (₦ ‘trillion) | 55.86 | 0.55 | 36.51 |
| Volume (millions) | 665.20 | 20.46 | |
| Value (₦ ‘billion) | 5.54 | -62.86 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| BUA CEMENT | ₦2.00 | 12-Aug-24 | 29-Aug-24 |
| SEPLAT ENERGY | $0.03 | 29-Apr-24 | 29-May-24 |
| DANGCEM | ₦30.00 | 16-Apr-24 | 29-Apr-24 |
| ACCESSCORP | ₦1.80 | 11-Apr-24 | 19-Apr-24 |
| LAFAERGE | ₦1.90 | 2-Apr-24 | 16-Apr-24 |
| NGXGROUP | ₦0.75 | 27-Mar-24 | TBA |
| GEREGU | ₦8.00 | 28-Feb-24 | 28-Mar-24 |
| VITAFOAM | ₦1.56 | 13-Feb-24 | 7-Mar-24 |
| UBA | ₦0.50 (interim) | 27-Sep-23 | 6-Oct-23 |
| ZENITHBANK | ₦0.50 (interim) | 25-Sep-23 | 29-Sep-23 |
| STANBIC | N1.50 (interim) | 13-Sep-23 | 27-Sep-23 |
| GTCO | ₦0.50 (interim) | 15-Sep-23 | 25-Sep-23 |
| FIDELITYBK | N 0.25 (interim) | 15-Sep-23 | 22-Sep-23 |
| CUSTODIAN | ₦0.15 (interim) | 21-Aug-23 | 5-Sep-23 |
| MTNN | ₦5.60 (interim) | 17-Aug-23 | 24-Aug-23 |
| NGXGROUP | ₦0.25 | 31-Jul-23 | 31-Aug-23 |
| FBNH | ₦0.50 | 9-Aug-23 | 16-Aug-23 |
| AIRTELAFRI | 3.27 | 22-Jun-23 | 26-Jul-23 |
| TOTAL | ₦21.00 | 26-Apr-23 | 2-Jun-23 |
| NESTLE | ₦36.50 | 24-Apr-23 | 18-May-23 |
| NB | ₦1.03 | 17-Mar-23 | 26-Apr-23 |
Coronation Registrar
