Lagos stock market extended gains for the second consecutive session as the benchmark Index ended 0.78% stronger to close at 71,808.64 points. The performance was primarily driven by gains in MTNN (+0.25%), ZENITHBANK (+3.44%) and GTCO (+0.51%) offsetting losses in DANGSUGAR(-0.09%), WAPCO (-0.33%) and TRANSCORP (-1.29%). As a result, the ASI year-to-date (YTD) increased to 40.11%, while market capitalisation gained ₦305.61bn to close at ₦39.30trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 8.88%. A total of 690.01m shares valued at ₦12.10bn were exchanged in 8,412 deals. GTCO (+0.51%) led both the volume and value chart with 76.70m units traded in deals worth ₦3.04bn.
Market breadth closed positive at a 1.70-to-1 ratio with advancing issues outnumbering declining ones. THOMASWY (+9.93%) topped thirty-three (33) others on the leader’s table while MANSARD (-9.69%) led nineteen (19) others on the laggard’s log.
Find below key highlights of market activities
Indicators | Current | Change (%) | YTD |
All-Share Index | 71,808.64 | 0.78 | 48.28 |
Market Cap. (₦ ‘trillion) | 39.29 | 0.78 | 48.98 |
Volume (millions) | 690.01 | 59.15 | |
Value (₦ ‘billion) | 12.10 | 8.88 |
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 |