The local bourse bounced back today, paring the prior session’s loss, as the benchmark Index closed 0.28% higher to settle at 48,988.04 points, the highest point since 30 September. Sustained interest in industrial heavyweight, BUACEMENT (+2.89%) drove the market into the green , offsetting losses in Tier-1 banking names GTCO (-0.48%), FBNH (-0.45%) and ACCESSCORP (-0.59%). As a result, the year-to-date (YTD) return rose to 14.68%, while the market capitalisation gained ₦73.26bn to close at ₦26.68trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 56.76%. A total of 88.04m units of shares valued at ₦1.68bn were exchanged in 2,832 deals. GTCO (-0.48%) led the volume chart with 10.21m units traded while NESTLE (+0.00%) led the value chart in deals worth ₦240.79m.
Market breadth closed positive at a 1.3-to-1 ratio with advancing issues outnumbering declining ones. CHAMS (+9.52%) led twelve (12) others on the leader’s log while MULTIVERSE (-8.51%) topped nine (9) others on the laggard’s table.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 48,988.04 | 0.28 | 15.65 |
| Market Cap. (₦ ‘trillion) | 26.68 | 0.28 | 20.72 |
| Volume (millions) | 88.04 | -45.98 | |
| Value (₦ ‘billion) | 1.68 | -56.76 |
Dividend Information for 2022
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| 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 |
| STANBIC | ₦1.50 (interim) | 7-Sep-22 | 21-Sep-22 |
| ZENITHBANK | ₦0.30 (interim) | 7-Sep-22 | 13-Sep-22 |
| SEPLAT | $0.025 (interim) | 15-Aug-22 | 9-Sep-22 |
| CUSTODIAN | ₦0.10 (interim) | 26-Aug-22 | 1-Sep-22 |
| OKOMU OIL | ₦7.00 (interim) | 26-Aug-22 | 29-Aug-22 |
| MTNN | ₦5.60 (interim) | 19-Aug-22 | 26-Aug-22 |
| BUAFOODS | ₦3.50 | 14-Jul-22 | 4-Aug-22 |
| AIRTELAF | $0.03 (final) | 23-Jun-22 | 22-Jul-22 |
| BUACEMENT | ₦2.60 | 15-Jul-22 | 21-Jul-22 |
| FBNH | ₦0.35 | 14-Jun-22 | 21-Jun-22 |
| NESTLE | ₦25.50 | 3-Jun-22 | 30-Jun-22 |
| TOTAL | ₦18.20 (final) | 29-Apr-22 | 17-Jun-22 |
| DANGSUGAR | ₦1.00 | 2-Jun-22 | 15-Jun-22 |
| NB | ₦1.20 (final) | 16-Mar-22 | 22-Apr-22 |
| WAPCO | ₦1.00 (final) | 8-Apr-22 | 21-Apr-22 |
Source: Coronation
