Closing the week, the Lagos bourse ended the session on a positive note, bringing the All-Share index up by 2.11% to close at 79,664.66 points. Buying interests in DANGCEM (+1.59%), MTNN (+4.97%), and ZENITHBANK (+2.44%) offset selloffs in DANGSUGAR (-1.59%), NASCON (-1.97%) and GUINNESS (-7.58%) kept the market in the positive terrain. Having gained in all four trading sessions this week, the ASI closed 6.54% higher w/w.
Over the course of the week, strong performances in DANGCEM (+1.59% w/w), AIRTELAFRI (+5.99% w/w) , and MTNN (+7.95% w/w) drove the market’s positive performance, outweighing losses in STANBIC (-5.96% w/w), GUINNESS (-7.58% w/w), and CADBURY (-11.05% w/w). Consequently, the year-to-date (YTD) return rose to 6.54%, while the market capitalisation gained ₦2.68trn w/w to close at ₦43.59trn.
nalysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 28.38%. A total of 892.68m shares valued at ₦14.33bn were exchanged in 13,019 deals. FIDELITYBK (+6.37%) led the volume chart with 92.67m units traded while NESTLE (+8.73%) led the value chart with deals worth ₦1.67bn.
Market breadth closed positive at a 3.05-to-1 ratio with advancing issues outnumbering the declining ones. NAHCO (+10.00%) topped fifty-seven (57) others on the leader’s table while MULTIVERSE (-9.99%) led eighteen (18) Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 79,664.66 | 2.11 | 6.54 |
| Market Cap. (₦ ‘trillion) | 43.59 | 2.11 | 6.54 |
| Volume (millions) | 892.68 | -9.30 | |
| Value (₦ ‘billion) | 14.33 | 28.38 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| SEPLAT ENERGY | $0.03 (Q3 interim) | 13-Nov-23 | 24-Nov-23 |
| ACCESSCORP | ₦0.30 (interim) | 6-Oct-23 | 19-Oct-23 |
| 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 |
| SEPLAT ENERGY | 3 US CENTS (interim) | 18-Aug-23 | 30-Aug-23 |
| MTNN | ₦5.60 (interim) | 17-Aug-23 | 24-Aug-23 |
| NGXGROUP | ₦0.25 | 31-Jul-23 | 31-Aug-23 |
| BUACEMENT | ₦2.80 | 14-Aug-23 | 24-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 |
| WAPCO | ₦2.00 | 11-Apr-23 | 28-Apr-23 |
| NB | ₦1.03 | 17-Mar-23 | 26-Apr-23 |
| DANGCEM | ₦20.00 | 31-Mar-23 | 24-Apr-23 |
| DANGSUGAR | ₦1.50 | 27-Mar-23 | 15-Apr-23 |
| GEREGU | ₦8.00 | 28-Feb-23 | 29-Mar-23 |
