Opening the week, the local bourse rebounded by 0.60% to settle at 62,943.35 points. Investor interest in ZENITHBANK (+4.46%), GEREGU (+6.06%) and GTCO (+0.89%) were the primary drivers of the overall market’s strong performance offsetting losses in DANGCEM (-1.49%), NB (-5.13%) and DANGSUGAR(-3.10%). As a result, the year-to-date (YTD) return rose to 22.81%, while market capitalization gained ₦203.44bn to close at ₦34.27trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 56.66%. A total of 710.02m shares valued at ₦13.83bn were exchanged in 8,979 deals. STERLINGNG (+9.97%) led the volume chart with 65.95m units traded while DANGCEM (-1.49%) led the value chart in deals worth ₦7.49bn.
Market breadth closed positive at a 1.61 to-1 ratio with advancing issues outnumbering declining ones. FIDELITYBK (+10.00%) topped twenty-eight (28) others on the leader’s table, while UBN (-10.00%) led seventeen (17) others on the laggard’s log.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 62,943.35 | 0.60 | 22.81 |
| Market Cap. (₦ ‘trillion) | 34.27 | 0.60 | 22.78 |
| Volume (millions) | 710.02 | 18.24 | |
| Value (₦ ‘billion) | 13.83 | 56.66 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| BUACEMENT | ₦2.80 | 14-Aug-23 | 24-Aug-23 |
| FBNH | ₦0.50 | 09-Aug-23 | 16-Aug-23 |
| TOTAL | ₦21.00 | 26-Apr-23 | 02-Jun-23 |
| STANBIC | ₦2.00 | 12-Apr-23 | 26-May-23 |
| ACCESSCORP | ₦1.30 | 09-May-23 | 24-May-23 |
| NESTLE | ₦36.50 | 24-Apr-23 | 18-May-23 |
| GTCO | ₦2.80 | 02-May-23 | 11-May-23 |
| SEPLAT | $0.08 | 19-Apr-23 | 16-May-23 |
| ZENITHBANK | ₦2.90 | 17-Apr-23 | 02-May-23 |
| WAPCO | ₦2.00 | 11-Apr-23 | 28-Apr-23 |
| UBA | ₦0.90 | 17-Apr-23 | 27-Apr-23 |
| NB | ₦1.03 | 17-Mar-23 | 26-Apr-23 |
| DANGCEM | ₦20.00 | 31-Mar-23 | 24-Apr-23 |
| MTNN | ₦10.00 | 28-Mar-23 | 20-Apr-23 |
| DANGSUGAR | ₦1.50 | 27-Mar-23 | 15-Apr-23 |
| GEREGU | ₦8.00 | 28-Feb-23 | 29-Mar-23 |
