The Lagos bourse rebounded after yesterday’s pullback as the benchmark Index gained 0.23% to close at 54,427.05 points. Gains in industrial heavyweight, DANGCEM (+1.89%) alongside ZENITHBANK (+0.80%) pushed the broader index into positive territory. Consequently, the year-to-date (YTD) return rose to 6.20%, while market capitalization gained ₦69.33bn to close at ₦29.64trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session with the value of transactions down by 76.25%. A total of 151.58m shares valued at ₦1.81bn were exchanged in 2,974 deals. TRANSCORP (-7.35%) led the volume chart with 18.68m units traded while GTCO (-0.40%) led the value chart in deals worth ₦427.74bn.
Market breadth closed negative at a 2.38-to-1 ratio, with declining issues outnumbering advancing ones. TRANSCORP (-7.35%) topped eighteen (18) others on the laggard’s log, while JAPAULGOLD (+3.45%) led seven (7) others on the leader’s table.
Find below key highlights of market activities
Indicators | Current | Change (%) | YTD |
All-Share Index | 54,427.05 | 0.23 | 6.20 |
Market Cap. (₦ ‘trillion) | 29.64 | 0.23 | 6.20 |
Volume (millions) | 151.58 | -24.22 | |
Value (₦ ‘billion) | 1.81 | -76.25 |
Dividend Information for 2023 |
Company | Dividend (Bonus) | Closure Date | Payment Date |
GEREGU | ₦8.00 (final) | TBA | TBA |
MTNN | ₦10 (final) | 28-Mar-23 | 20-Apr-23 |
SEPLAT | $0.025 (interim) | 11-Nov-22 | 6-Dec-22 |
ACCESSCORP | ₦0.20 (interim) | 28-Sep-22 | 12-Oct-22 |
GTCO | ₦0.30 (interim) | 21-Sep-22 | 30-Sep-22 |
UBA | ₦0.20 (interim) | 22-Sep-22 | 29-Sep-22 |