Ending five uninterrupted sessions of losses, Nigerian equities recovered as the benchmark Index rose by 0.12% to settle at 64,267.36 points. Investor interests in FBNH (+1.12%), WAPCO (+4.32%) and NB (+2.70%) outweighed losses in BUAFOODS (-2.03%), ACCESSCORP (-0.30%) and UBA (-2.15%) keeping the market in the green. As a result, the year-to-date (YTD) return rose to 25.40%, with market capitalization gaining ₦40.90bn to close at ₦34.97trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 44.62%. A total of 330.78m shares valued at ₦4.27bn were exchanged in 6,251 deals. TRANSCORP (+3.14%) led the volume chart with 58.83m units traded while FBNH (+1.12%) led the value chart in deals worth ₦502.76m.
Market breadth closed positive at a 1.71-to-1 ratio with advancing issues outnumbering declining ones. NASCON (+10.00%) led twenty-three (23) others on the leader’s table while, UPL (-9.78%) topped thirteen (13) others on the laggard’s log.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 64,267.36 | 0.12 | 25.40 |
| Market Cap. (₦ ‘trillion) | 34.97 | 0.12 | 25.28 |
| Volume (millions) | 330.78 | -56.60 | |
| Value (₦ ‘billion) | 4.27 | -44.62 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| NGXGROUP | ₦0.50 | 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 |
| STANBIC | ₦2.00 | 12-Apr-23 | 26-May-23 |
| ACCESSCORP | ₦1.30 | 9-May-23 | 24-May-23 |
| NESTLE | ₦36.50 | 24-Apr-23 | 18-May-23 |
| GTCO | ₦2.80 | 2-May-23 | 11-May-23 |
| SEPLAT | $0.08 | 19-Apr-23 | 16-May-23 |
| ZENITHBANK | ₦2.90 | 17-Apr-23 | 2-May-23 |
| WAPCO | ₦2.00 | 11-Apr-23 | 28-Apr-23 |
| UBA | ₦0.90 | 17-Apr-23 | 27-Apr-23 |
| NB | ₦1.03 | 17-Mar-23 | 26-Apr-23 |
| DANGCEM | ₦20.00 | 31-Mar-23 | 24-Apr-23 |
| MTNN | ₦10.00 | 28-Mar-23 | 20-Apr-23 |
| DANGSUGAR | ₦1.50 | 27-Mar-23 | 15-Apr-23 |
| GEREGU | ₦8.00 | 28-Feb-23 | 29-Mar-23 |
