Snapping three consecutive sessions of losses, the domestic bourse posted a 0.04% rebound to close at 51,138.92 points. Gains in GTCO (+0.60%), NB (+1.10%), and FBNH (+1.46%), drove the market’s recovery outweighing losses in ZENITHBANK (-0.91%), WAPCO (-0.21%), and ACCESSCORP (-0.56%). Consequently, the ASI’s year-to-date (YTD) return increased to -0.22%, while the market capitalization gained ₦6.04bn to close at ₦27.85trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 220.17%. A total of 1.82bn shares valued at ₦5.02bn were exchanged in 4,669 deals. TRANSCORP (+9.73%) led the volume and value charts with 1.60bn units traded in deals worth ₦3.09bn.
Market breadth closed negative at a 1.13-to-1 ratio with declining issues outnumbering advancing ones. VITAFOAM (-8.65%) topped seventeen (17) others on the laggard’s log while TRANSCORP (+9.73%) topped fifteen (15) others on the leader’s table.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 51,138.92 | 0.04 | -0.22 |
| Market Cap. (₦ ‘trillion) | 27.85 | 0.02 | -0.22 |
| Volume (millions) | 1,819.96 | 703.18 | |
| Value (₦ ‘billion) | 5.02 | 220.17 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| BUACEMENT | ₦2.80 (final) | 11-Aug-23 | 24-Aug-23 |
| TOTAL | ₦21.00 (final) | 26-Apr-23 | 2-Jun-23 |
| STANBIC | ₦2.00 (final) | 12-Apr-23 | 26-May-23 |
| NESTLE | ₦36.50 (final) | 28-Apr-23 | 18-May-23 |
| GTCO | ₦2.80 (final) | 2-May-23 | 11-May-23 |
| SEPLAT | $0.075 (final) | 19-Apr-23 | 10-May-23 |
| ZENITHBANK | ₦2.90 (final) | 17-Apr-23 | 2-May-23 |
| WAPCO | ₦2.00 (final) | 11-Apr-23 | 28-Apr-23 |
| UBA | ₦0.90 (final) | 17-Apr-23 | 27-Apr-23 |
| NB | ₦1.03 (final) | 17-Mar-23 | 26-Apr-23 |
| DANGCEM | ₦20.00 (final) | 31-Mar-23 | 24-Apr-23 |
| MTNN | ₦10.00 (final) | 28-Mar-23 | 20-Apr-23 |
| DANGSUGAR | ₦1.50 (final) | 27-Mar-23 | 15-Apr-23 |
| GEREGU | ₦8.00 (final) | 28-Feb-23 | 29-Mar-23 |
Source: Coronation
