The Lagos bourse closed higher as the benchmark index gained 0.31% to settle at 52,580.86 points. Sustained interests in ZENITHBANK (+2.65%), GTCO (+4.18%) and FBNH (+0.83%) kept the market in the positive territory. As a result, the year-to-date (YTD) return rose to 2.59%, while market capitalization gained ₦87.95bn to close at ₦28.63trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 16.24%. A total of 680.80m shares valued at ₦7.89bn were exchanged in 6,666 deals. FIDELITYBK (-2.12%) led the volume chart with 254.05m units traded, while GTCO (+4.18%) led the value chart in deals worth ₦1.57bn.
Market breadth closed positive at a 1.67-to-1 ratio with advancing issues outnumbering declining ones. NB (+9.63%) led twenty-four (24) others on the leader’s log while TRANSCORP (-5.23%) topped fourteen (14) others on the laggard’s table.
Find below key highlights of market activities
|Market Cap. (₦ ‘trillion)||28.63||0.31||2.56|
|Value (₦ ‘billion)||7.89||16.24|
Dividend Information for 2023
|Company||Dividend (Bonus)||Closure Date||Payment Date|