Nigerian equities opened the week on a positive note, extending gains from the previous session as the All-Share Index closed 0.18% stronger to close at 71,669.91 points. Gains in telco heavyweight MTNN (+0.59%), alongside BUACEMENT (+0.52%) and ZENITHBANK (+1.43%) offset the declines in ACCESSCORP (-0.25%), FBNH (-1.89%) and TRANSCORP (-1.32%). Consequently, the year-to-date (YTD) return rose to 39.84%, while the market capitalisation gained ₦70.14bn to close at ₦39.22trn
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 46.53%. A total of 375.32m shares valued at ₦3.85bn were exchanged in 7,011 deals. VERITASKAP (+2.86%) led the volume chart with 88.84m units traded while ACCESSCORP (-0.25%) led the value chart in deals worth ₦612.70m.
Market breadth closed positive at a 1.17-to-1 ratio with advancing issues outnumbering declining ones. ETI (+9.88%) topped twenty-six (26) others on the leader’s table while RTBRISCOE (-9.68%) led twenty-two (22) others on the laggard’s log.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 71,669.91 | 0.18 | 39.84 |
| Market Cap. (₦ ‘trillion) | 39.22 | 0.18 | 40.49 |
| Volume (millions) | 375.32 | -25.51 | |
| Value (₦ ‘billion) | 3.85 | -46.53 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| SEPLAT ENERGY | $0.03 (Q3 interim) | 13-Nov-23 | 24-Nov-23 |
| ACCESSCORP | ₦0.30 (interim) | 6-Oct-23 | 19-Oct-23 |
| UBA | ₦0.50 (interim) | 27-Sep-23 | 6-Oct-23 |
| ZENITHBANK | ₦0.50 (interim) | 25-Sep-23 | 29-Sep-23 |
| STANBIC | N1.50 (interim) | 13-Sep-23 | 27-Sep-23 |
| GTCO | ₦0.50 (interim) | 15-Sep-23 | 25-Sep-23 |
| FIDELITYBK | N 0.25 (interim) | 15-Sep-23 | 22-Sep-23 |
| CUSTODIAN | ₦0.15 (interim) | 21-Aug-23 | 5-Sep-23 |
| SEPLAT ENERGY | 3 US CENTS (interim) | 18-Aug-23 | 30-Aug-23 |
| MTNN | ₦5.60 (interim) | 17-Aug-23 | 24-Aug-23 |
| NGXGROUP | ₦0.25 | 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 |
| NESTLE | ₦36.50 | 24-Apr-23 | 18-May-23 |
| WAPCO | ₦2.00 | 11-Apr-23 | 28-Apr-23 |
| NB | ₦1.03 | 17-Mar-23 | 26-Apr-23 |
| DANGCEM | ₦20.00 | 31-Mar-23 | 24-Apr-23 |
| DANGSUGAR | ₦1.50 | 27-Mar-23 | 15-Apr-23 |
| GEREGU | ₦8.00 | 28-Feb-23 | 29-Mar-23 |
