Recovering from the previous session’s loss, the Lagos bourse posted gains as the benchmark index rose by 0.32% to close at 104,283.64 points. Sustained interest in GTCO (+5.69%), ZENITHBANK (+8.78%), and UBA (+4.32%) outweighed losses in MTNN (-0.48%), TRANSPOWER (-0.53%), and FBNH (-3.84%), keeping the market in the green. The year-to-date (YTD) return rose to 39.47%, while market capitalisation gained ₦187.24bn to close at ₦58.96trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 9.92%. A total of 499.71bn shares valued at ₦12.41bn were exchanged in 10,260 deals. ACCESSCORP (+3.90%) led the volume chart with 83.60m units traded, while GTCO (+5.69%) led the value chart in deals worth ₦2.52bn.
Market breadth closed positive, with advancing issues outnumbering the declining ones. CWG (+10.00%) topped twenty-five (25) others on the leader’s table while NNFM (-9.97%) led nineteen (19) others on the laggard’s log.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 104,283.64 | 0.32 | 39.47 |
| Market Cap. (₦ ‘trillion) | 58.96 | 0.32 | 44.10 |
| Volume (millions) | 499.71 | 33.46 | |
| Value (₦ ‘billion) | 12.41 | 9.92 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| BUACEMENT | ₦2.00 | 12-Aug-24 | 29-Aug-24 |
| SEPLAT ENERGY | $0.03 | 29-Apr-24 | 29-May-24 |
| DANGCEM | ₦30.00 | 16-Apr-24 | 29-Apr-24 |
| LAFAERGE | ₦1.90 | 2-Apr-24 | 16-Apr-24 |
| NGXGROUP | ₦0.75 | 27-Mar-24 | TBA |
| GEREGU | ₦8.00 | 28-Feb-24 | 28-Mar-24 |
| VITAFOAM | ₦1.56 | 13-Feb-24 | 7-Mar-24 |
| 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 |
