The Local Bourse extended the bullish run as the benchmark index gained 0.19% to settle at 70,613.60 points. Gains in GTCO (+0.85%), FBNH (+6.35%), and WAPCO (+0.52%) were the main drivers of the market’s overall performance, outweighing losses in ZENITHBANK (-0.89%), UBA (-0.24%), and TRANSCORP (-1.27%). As a result, the year-to-date (YTD) return rose to 37.78% while the market capitalization rose by ₦85.45bn to close at ₦38.80tn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 29.34%. A total of 449.28m shares valued at ₦5.44bn were exchanged in 7,100 deals. FBNH (+6.35%) led volume and value charts with 52.02m units traded in deals worth ₦1.03bn.
Market breadth closed positive at a 1.18-to-1 ratio with advancing issues outnumbering declining ones. PZ (+10.00%) led eighteen (18) others on the leader’s log while ETERNA (-8.62%) topped fifteen (15) others on the laggard’s table.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 70,613.60 | 0.19 | 37.78 |
| Market Cap. (₦ ‘trillion) | 38.80 | 0.22 | 38.98 |
| Volume (millions) | 449.28 | 14.90 | |
| Value (₦ ‘billion) | 5.44 | -29.34 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| 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 |
