Today, activity on the Lagos bourse was somewhat flattish as the benchmark index managed to eke out a meagre 2bps gain to close at 54,507.66 points. Investors interest in Tier-1 banking names, ZENITHBANK (+0.20%), GTCO (+0.20%), and FBNH (+0.86%) managed to drive the market’s overall performance. Consequently, the year-to-date (YTD) return rose slightly to 6.35%, while market capitalisation gained ₦6.18bn to close at ₦29.69trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 23.50%. A total of 134.46m shares valued at ₦4.36bn were exchanged in 2,905 deals. GTCO (+0.02%) led the volume chart with 42.35m shares traded while SEPLAT (+0.00%) led the value chart in deals worth ₦1.18bn.
Market breadth closed flat. LINKASSURE (+7.14%) topped thirteen (13) others on the leader’s log while SOVRENINS (-6.67%) led thirteen (13) others on the laggard’s table.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 54,507.66 | 0.02 | 6.35 |
| Market Cap. (₦ ‘trillion) | 29.69 | 0.02 | 6.35 |
| Volume (millions) | 134.46 | -24.43 | |
| Value (₦ ‘billion) | 4.36 | -23.50 |
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| GEREGU | ₦8.00 (final) | TBA | TBA |
| MTNN | ₦10 (final) | 28-Mar-23 | 20-Apr-23 |
| SEPLAT | $0.025 (interim) | 11-Nov-22 | 6-Dec-22 |
| ACCESSCORP | ₦0.20 (interim) | 28-Sep-22 | 12-Oct-22 |
Coronation Research
