For the sixth consecutive session, the Lagos bourse maintained the bull run bringing the benchmark index up by 3.57% to close at 83,191.84 points. Buying interest in DANGCEM (+3.72%), alongside MTNN (+3.51%), and BUAFOODS (+5.59%) offset losses in TOTAL (-10.00%), CHAMPION (-5.00%) and CWG (-4.22%). As a result, the year-to-date (YTD) return rose to 11.26%, with the market capitalisation increasing by ₦1.57trn to close at ₦45.52trn
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 61.77%. A total of 1.41bn shares valued at ₦24.68bn were exchanged in 17,144 deals. FIDELITYBK (+4.49%) led the volume chart with 141.75m units traded while UBA (+9.03%) led the value chart with deals worth ₦3.78bn.
Market breadth closed positive at a 5.15-to-1 ratio with advancing issues outnumbering the declining ones. FBNH (+10.00%) topped sixty-six (66) others on the leader’s table while TOTAL (-10.00%) led twelve (12) others on the laggard’s log.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 83,191.84 | 3.57 | 11.26 |
| Market Cap. (₦ ‘trillion) | 45.52 | 3.56 | 11.26 |
| Volume (millions) | 1,409.85 | 18.46 | |
| Value (₦ ‘billion) | 24.68 | 61.77 |
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
