Recovering from the previous session’s loss, the domestic bourse posted gains as the benchmark index rose by 0.33% to close at 70,840.72 points. Renewed demand for index heavyweight, BUACEMENT (+3.34%) alongside ZENITHBANK (+2.69%), and GTCO (+0.83%) contributed to outweigh losses in ACCESSCORP (-0.58%), TRANSCORP (-1.44%), and FIDELITYBK (-1.64%), keeping the market in the green. Consequently, the year-to-date (YTD) return rose to 38.22%, while market capitalisation gained ₦145.51bn to close at ₦38.94trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 56.54%. A total of 327.43m shares valued at ₦3.37bn were exchanged in 6,533 deals. JAPAULGOLD (+2.78%) led the volume chart with 44.70m units traded, while UBA (+0.48%) led the value chart in deals worth ₦555.02m.
Market breadth closed positive at a 1.91-to-1 ratio with advancing issues outnumbering declining ones. MULTIVERSE (+9.31%), topped twenty (20) others on the leader’s table, while FTNCOCOA (-9.29%) led ten (10) others on the laggard’s table.
Find below key highlights of market activities
|Market Cap. (₦ ‘trillion)||38.94||0.38||39.50|
|Value (₦ ‘billion)||3.37||-56.54|
Dividend Information for 2023
|Company||Dividend (Bonus)||Closure Date||Payment Date|
|SEPLAT ENERGY||3 US CENTS (interim)||18-Aug-23||30-Aug-23|