The Lagos bourse rebounded after the previous session’s pullback as the benchmark Index gained 0.02% to close at 72,404.91 points. Renewed interest in UBA (+0.41%) , WAPCO (+0.50%), and FIDELITYBK (+2.65%) pushed the broader index into a positive territory, outweighing losses in GTCO (-0.75%), STANBIC (-1.52%), and DANGSUGAR (-0.17%). Consequently, the year-to-date (YTD) return rose to 41.27%, while market capitalization gained ₦8.58bn to close at ₦39.62trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 33.03%. A total of 324.25m shares valued at ₦4.40bn were exchanged in 6,745 deals. MBENEFIT (-4.00%) led both the volume chart with 42.08m units traded while UBA (+0.41%) led the value chart with deals worth ₦689.91m.
Market breadth closed negative at a 2-to-1 ratio with declining issues outnumbering the advancing ones. ABCTRANS (-9.89%) topped thirty-one (31) others on the laggard’s table while INFINITY (+9.93%) led fifteen (15) others on the leader’s log.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 72,404.91 | 0.02 | 41.27 |
| Market Cap. (₦ ‘trillion) | 39.62 | 0.02 | 41.93 |
| Volume (millions) | 324.25 | 5.57 | |
| Value (₦ ‘billion) | 4.40 | -33.03 |
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 |
Source: Coronation
