The domestic bourse maintained the positive momentum as the benchmark index closed 0.71% stronger to settle at 68,359.22 points. BUAFOODS (+6.32%), GTCO (+0.43%), and STANBIC (+3.31%) drove the market’s strong performance outweighing losses in ZENITHBANK (-0.45%), ACCESSCORP (-0.29%) and FBNH (-1.69%). As a result, the ASI’s year-to-date (YTD) return increased to 33.38%, while the market capitalization gained ₦263.83bn to close at ₦37.41trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 33.97%. A total of 676.74m shares valued at 5.89bn were exchanged in 7,659 deals. UBA (-1.96%) led the volume and value charts with 69.10m units traded in deals worth ₦1.22bn.
Market breadth closed positive at a 1.50-to-1 ratio with advancing issues outnumbering declining ones. BERGER (+9.95%) led twenty-three (23) others on the leader’s log while MULTIVERSE (-9.93%) topped fifteen (15) others on the laggard’s table.
|Find below key highlights of market activities.|
|Market Cap. (₦ ‘trillion)||37.41||0.71||34.03|
|Value (₦ ‘billion)||5.89||-33.97|
Dividend Information for 2023
|Company||Dividend (Bonus)||Closure Date||Payment Date|
|FIDELITYBK||N 0.25 (interim)||15-Sep-23||22-Sep-23|
|SEPLAT ENERGY||3 US CENTS (interim)||18-Aug-23||30-Aug-23|