Today, the Lagos bourse extended gains for the second consecutive session as the benchmark Index ended 0.25% stronger to close at 71,014.34 points. Gains in MTNN (+0.21%), BUACEMENT (+1.96%) and GTCO (+1.93%) outweighed losses in ZENITHBANK (-1.89%), DANGSUGAR (-0.16%) and UBA (-0.48%). As a result, the ASI year-to-date (YTD) rose to 38.56%, while market capitalization increased by ₦113.07bn to close at ₦39.05trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 82.89%. A total of 297.35m shares valued at ₦6.16bn were exchanged in 6,172 deals. OANDO (+10.00%) led the volume chart with 27.97m units while NESTLE (+2.44%) led the value chart in deals worth ₦2.34bn.
Market breadth closed positive at a 1.67-to-1 ratio with advancing issues outnumbering declining ones. OANDO (+10.00%), topped twenty one (21) others on the leader’s table, while SOVRENINS (-8.82%) led fourteen (14) others on the laggard’s table.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 71014.34 | 0.25 | 38.56 |
| Market Cap. (₦ ‘trillion) | 39.05 | 0.29 | 39.90 |
| Volume (millions) | 297.35 | -30.98 | |
| Value (₦ ‘billion) | 6.16 | -56.54 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| 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 | ₦1.50 (interim) | 13-Sep-23 | 27-Sep-23 |
| GTCO | ₦0.50 (interim) | 15-Sep-23 | 25-Sep-23 |
| FIDELITYBK | ₦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 CENTS | 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-23a |
Source: Coronation
