The Nigerian equities maintained the positive momentum as the benchmark index closed 0.23% stronger to settle at 70,773.31 points. Buying Interests in BUACEMENT (+1.90%), GTC0 (+0.28%) and UBA (+1.47%) outweighed losses in ZENITHBANK (-0.30%), TRANSCORP (-0.32%) and FIDELITYBK (-3.19%) keeping the market in the green. Consequently, the ASI’s year-to-date (YTD) return increased to 38.09%, while the market capitalisation gained ₦87.79bn to close at ₦38.89trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 79.88%. A total of 558.34m shares valued at ₦9.79bn were exchanged in 6,401 deals. FBNH (+0.52%) led volume and value charts with 209.90m units traded in deals worth ₦4.04bn.
Market breadth closed negative at a 1.06-to-1 ratio with declining issues outnumbering advancing ones. UPDC (-8.26%) led eighteen (18) others on the laggard’s log while JAPAULGOLD (+9.87%) topped seventeen (17) others on the leader’s table.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 70,773.31 | 0.23 | 38.09 |
| Market Cap. (₦ ‘trillion) | 38.89 | 0.23 | 39.30 |
| Volume (millions) | 558.34 | 24.27 | |
| Value (₦ ‘billion) | 9.79 | 79.88 |
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 | 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 |
