This week, the local bourse ended on a positive terrain as it closed 0.71% higher. The rally was buoyed by positive sentiment in Teir-1 banking tickers ZENITHBANK (+8.27% w/w) UBA (+6.43% w/w) and ACCESSCORP (+8.12% w/w), outweighing losses in MTNN (-4.04% w/w) FBNH (-1.74% w/w) and STANBIC (-0.38% w/w) . Consequently, the year-to-date (YTD) return rose to 33.64%, while the market capitalisation gained ₦398.42bn w/w to close at ₦56.53trn.
Today, the domestic bourse ended the session green, raising the All-Share index up by 9bps to close at 99,925.38 points. Sustained investors interest in GTCO (+0.36%), NESTLE (+1.65% ) and WAPCO (+5.59%) bolstered the market’s positive performance, outweighing negative sentiment in FBNH (-1.74% ), UBA (-2.83% ) and STANBIC (-2.80%). Predictably, the market capitalisation gained ₦52.63tn. Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 42.79%. A total of 318.10m units of shares valued at ₦4.95bn were exchanged in 7,302 deals. STERLINGNG (+3.13%) led the volume chart with 42.26m units traded, while ZENITHBANK (+0.00%) led the value table in deals worth ₦1.01bn.
Market breadth closed positive at a 1.82-to-1 ratio with advancing issues outnumbering declining ones. GUINNESS (+9.95%) topped thirty (30) others on the gainer’s log, while ACADEMY (-9.85%) led sixteen (16) others on the laggard’s table. On the sectoral breakdown, all sector closed green, led by the NGX Oil and Gas Index (+5.28%w/w), followed by NGX Banking Index (+3.63%w/w), the NGX Insurance Index (+3.42%w/w), the NGX Pension Index (+2.94%w/w), the NGX Consumer Goods Index (+1.05%w/w) and the NGX 30 Index (+0.86% w/w) and the NGX Industrial Goods Index (+0.27%w/w).
Find below key highlights of market activities
Indicators | Current | Change (%) | YTD |
All-Share Index | 99,925.29 | 0.09 | 33.64 |
Market Cap. (₦ ‘trillion) | 56.53 | 0.09 | 38.15 |
Volume (millions) | 318.10 | -36.71 | |
Value (₦ ‘billion) | 4.95 | -42.79 |
Dividend Information for 2024
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 |