For the fourth consecutive session, the Lagos bourse maintained the winning streak as the benchmark index closed 2.90% stronger – the biggest single-day gain since 8 November 2021- to settle at 46,232.37 points, the highest level since 17 October. Industrial heavyweights, DANGCEM (+9.98%) and BUACEMENT (+9.72%) drove the market’s strong performance. As a result, the year-to-date (YTD) return rose to 8.23%, with the market capitalisation up by ₦709.73bn to close at ₦25.18trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 52.17%. A total of 187.91m shares valued at ₦1.84bn were exchanged in 3,458 deals. TRANSCORP (+6.09%) led the volume chart with 26.53m units traded while ZENITHBANK (+2.71%) led the value chart in deals worth ₦250.05bn.
Market breadth closed positive at a 3-to-1 ratio with advancing issues outnumbering declining ones. DANGCEM (+9.98%) topped twenty-three (23) others on the gainer’s table, while ETERNA (-4.76%) led seven (7) others on the laggard’s log.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 46,232.37 | 2.90 | 8.23 |
| Market Cap. (₦ ‘trillion) | 25.18 | 2.90 | 12.94 |
| Volume (millions) | 187.91 | 48.47 | |
| Value (₦ ‘billion) | 1.84 | -52.17 |
Dividend Information for 2022
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| SEPLAT | $0.025 (interim) | 11-Nov-22 | 6-Dec-22 |
| ACCESSCORP | ₦0.20 (interim) | 28-Sep-22 | 12-Oct-22 |
| GTCO | ₦0.30 (interim) | 21-Sep-22 | 30-Sep-22 |
| UBA | ₦0.20 (interim) | 22-Sep-22 | 29-Sep-22 |
| STANBIC | ₦1.50 (interim) | 7-Sep-22 | 21-Sep-22 |
| ZENITHBANK | ₦0.30 (interim) | 7-Sep-22 | 13-Sep-22 |
| SEPLAT | $0.025 (interim) | 15-Aug-22 | 9-Sep-22 |
| CUSTODIAN | ₦0.10 (interim) | 26-Aug-22 | 1-Sep-22 |
| OKOMU OIL | ₦7.00 (interim) | 26-Aug-22 | 29-Aug-22 |
| MTNN | ₦5.60 (interim) | 19-Aug-22 | 26-Aug-22 |
| BUAFOODS | ₦3.50 | 14-Jul-22 | 4-Aug-22 |
| AIRTELAF | $0.03 (final) | 23-Jun-22 | 22-Jul-22 |
| BUACEMENT | ₦2.60 | 15-Jul-22 | 21-Jul-22 |
| FBNH | ₦0.35 | 14-Jun-22 | 21-Jun-22 |
| NESTLE | ₦25.50 | 3-Jun-22 | 30-Jun-22 |
| TOTAL | ₦18.20 (final) | 29-Apr-22 | 17-Jun-22 |
| DANGSUGAR | ₦1.00 | 2-Jun-22 | 15-Jun-22 |
| NB | ₦1.20 (final) | 16-Mar-22 | 22-Apr-22 |
| WAPCO | ₦1.00 (final) | 8-Apr-22 | 21-Apr-22 |
