Breaking the three days losing streak, the local bourse posted gains as the benchmark index advanced by 0.72% to close at 99,980.30 points. Gains in GTCO (+10.00%), ZENITHBANK (+7.86%) and FBNH (+1.27%), contributed to overriding losses in NESTLE (-9.09%), TRANSCORP (-0.08%), and STANBIC (-0.45%), keeping the market in the green. However, the market is on track for another week of loss. The year-to-date return rose to 33.71%, while market capitalisation gained ₦390.43bn to close at ₦54.71tn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 49.27%. A total of 542.95m shares valued at ₦8.70bn were exchanged in 9,650 deals. UBA (+10.00%) led both the volume and value chart with 93.71m units traded in deals worth ₦2.07bn.
Market breadth closed positive at a 1.84-to-1 ratio with advancing issues outnumbering the declining ones. GTCO (-10.00%) topped thirty-four (34) others on the leader’s table while SUNUASSUR (+10.00%) led eighteen (18) others on the laggard’s log.
| Find below key highlights of market activities. |
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 99,980.30 | 0.72 | 33.71 |
| Market Cap. (₦ ‘trillion) | 54.71 | 0.72 | 33.70 |
| Volume (millions) | 542.95 | 37.03 | |
| Value (₦ ‘billion) | 8.70 | 49.27 |
| Dividend Information for 2023 |
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| GEREGU | ₦8.00 | 28-Feb-24 | 28-Mar-24 |
| VITAFOAM | ₦1.56 | 13-Feb-24 | 7-Mar-24 |
| 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 |
