Opening the week, Nigerian equities extended gains from last week as the benchmark index closed 0.40% stronger to settle at 70,479.62 points. Buy interests in BUACEMENT (+4.48%), SEPLAT (+3.94%) and GTCO (+0.43%) buoyed the market performance, offsetting losses in ZENITHBANK (-1.18%), STANBIC (-6.67%), and UBN (-4.41%) . Consequently, the year-to-date (YTD) return rose to 37.52%, while market capitalisation gained ₦155.27 billion to close at ₦38.71 trillion.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 15.91%. A total of 391.01million shares valued at ₦7.71 billion were exchanged in 6,837 deals. UBA (+0.24%) led volume and value charts with 105.63m units traded in deals worth ₦2.14bn.
Market breadth closed flat. CHAMS (+9.90%) topped twenty (20) others on the leader’s log while CORNERST (-9.27%) led twenty (20) others on the laggard’s table.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 70,479.62 | 0.40 | 37.52 |
| Market Cap. (₦ ‘trillion) | 38.71 | 0.40 | 38.68 |
| Volume (millions) | 391.01 | -4.71 | |
| Value (₦ ‘billion) | 7.71 | -15.91 |
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 |
