The domestic bourse sustained the bull run, as the benchmark index closed 0.57% stronger to settle at 102,149.93 points. Buy interests in SEPLAT (+10.00%), ZENITHBANK (+1.42%)and GTCO (+2.46%) drove the market positive performance, outweighing selloffs in TRANSCOHOT (-1.20%), FBNH (-1.17%) and NB (-1.25%). Consequently, the market is on track for another week of gain. The year-to-date (YTD) return rose to 36.61%, while market capitalisation gained ₦316.75bn to close at ₦55.90trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 28.19%. A total of 504.19m shares valued at ₦10.30bn were exchanged in 12,235 deals. UBA (+1.34%) led both the volume and value chart with 74.88m units traded in deals deals worth ₦2.25bn.
Market breadth closed positive at a 1.23-to-1 ratio with advancing issues outnumbering the declining ones. SEPLAT (+10.00%) topped thirty-one (31) others on the leader’s table while IKEJAHOTEL (-9.91%) led twenty-five (25) others on the laggard’s log.
Find below key highlights of market activities.
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 102,149.93 | 0.57 | 36.61 |
| Market Cap. (₦ ‘trillion) | 55.90 | 0.57 | 36.62 |
| Volume (millions) | 504.19 | 3.21 | |
| Value (₦ ‘billion) | 10.30 | 28.19 |
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 |
Source: Coronation
