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
|Market Cap. (₦ ‘trillion)||39.05||0.29||39.90|
|Value (₦ ‘billion)||6.16||-56.54|
Dividend Information for 2023
|Company||Dividend (Bonus)||Closure Date||Payment Date|
|SEPLAT ENERGY||3 US CENTS (interim)||18-Aug-23||30-Aug-23|