Recovering from the previous session’s loss, the domestic bourse posted gains as the benchmark index rose by 1.76% to close at 103,498.28 points. Gains in AIRTELAFRI (+10.00%), GEREGU (+6.72%), and ZENITHBANK (+2.82%) contributed to outweigh losses in BUACEMENT (-9.91%), GTCO (-0.63%), and TRANSCORP (-0.78%), keeping the market in the green. Consequently, the year-to-date (YTD) return rose to 38.42%, while market capitalisation gained ₦979.78bn to close at ₦56.63trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 181.51%. A total of 426.86m shares valued at ₦12.11bn were exchanged in 8,654 deals. FBNH (+9.90%) led the volume chart with 54.61m units traded while GEREGU (+6.72%) led the value chart with deals worth ₦2.50bn.
Market breadth closed positive at a 1.04-to-1 ratio with advancing issues outnumbering the declining ones. AIRTELAFRI (+10.00%) topped twenty-five (25) others on the leader’s table while MECURE (-10.00%) led twenty-four (24) others on the laggard’s log.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 103,498.28 | 1.76 | 38.42 |
| Market Cap. (₦ ‘trillion) | 56.63 | 1.76 | 38.41 |
| Volume (millions) | 426.86 | 62.19 | |
| Value (₦ ‘billion) | 12.11 | 181.51 |
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 |
