Recovering from the previous session’s loss, the Lagos bourse posted gains as the benchmark index rose by 0.30% to close at 101,362.38 points. Gains in BUACEMENT (+4.93%), UBA (+0.21%), and FBNH (+9.96%) outweighed losses in ZENITHBANK (-0.42%), GTCO (-0.77%), and ACCESSCORP (-2.70%), keeping the market in the green. The ASI year-to-date (YTD) return rose to 35.56%, while market capitalisation gained ₦165.09bn to close at ₦55.46trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 1.15%. A total of 302.74m shares valued at ₦6.55bn were exchanged in 8,611 deals. FBNH (+9.96%) led both the volume and value chart with 39.38m units traded in deals worth ₦1.10trn
Market breadth closed negative at a 4.20-to-1 ratio with declining issues outnumbering the advancing ones. OKOMUOIL (-10.00%) topped forty-one (41) others on the laggard’s table while FBNH (+9.96%) led nine (9) others on the leader’s log.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 101,362.38 | 0.30 | 35.56 |
| Market Cap. (₦ ‘trillion) | 55.46 | 0.30 | 35.55 |
| Volume (millions) | 302.74 | 18.19 | |
| Value (₦ ‘billion) | 6.55 | -1.15 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| SEPLAT ENERGY | $0.03 (Q3 interim) | 13-Nov-23 | 24-Nov-23 |
| 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 |
