Ending four uninterrupted sessions of losses, Nigerian equities recovered as the benchmark Index rose by 0.20% to settle at 53,603.80 points. Bullish sentiment in index heavyweight, DANGCEM (+5.07%) alongside ZENITHBANK (+2.80%), GTCO (+1.61%) and WAPCO (+1.98%) pushed the broader index into positive territory. Consequently, the year-to-date (YTD) return rose to 4.59%, while the market capitalisation gained ₦57.49bn to close at ₦29.20trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 58.74%. A total of 236.07m shares valued at ₦3.26bn were exchanged in 3,906 deals. TRANSCORP (+7.14%) led the volume chart with 91.39m units traded, while ZENITHBANK (+2.80%) led the value chart in deals worth ₦696.21m.
Market breadth closed positive at a 1.73-to-1 ratio with advancing issues outnumbering declining ones. OANDO (+9.84%) topped eighteen (18) others on the leader’s log, while MAYBAKER (-8.70%) led ten (10) others on the laggard’s table.
Find below key highlights of market activities
|Market Cap. (₦ ‘trillion)||29.20||0.20||4.61|
|Value (₦ ‘billion)||3.26||58.74|
Dividend Information for 2023
|Company||Dividend (Bonus)||Closure Date||Payment Date|