Nigeria Stock market reversed some of its prior gains, as the benchmark index shed 25bps to close at 98,291.53 points. The market relapse was primary driven by losses in ARADEL (-5.85%), ZENITHBANK (-0.13%) and FBNH (-0.19%) which outweighed gains in GTCO (+0.97%), OANDO (+3.99%), and DANGSUGAR (+9.69%). Consequently, the ASI year-to-date return slipped to 31.45%, while the market capitalisation shed ₦148.06 billion to close at ₦59.56 trillion.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down 66.46%. A total of 257.55 million shares valued at ₦9.00 billion were exchanged in 7,776 deals. FIDELITYBK (-2.34%) led the volume chart with 38.21m units traded, while ARADEL (-5.85%) led the value chart in deals worth ₦3.15 billion.
Market breadth closed positive at a 1.10-to-1 ratio with advancing issues outnumbering the declining ones. DEAPCAP (+10.00%) topped twenty-two (22) others on the leader’s table while CUSTODIAN (-8.98%) led twenty (20) others on the laggard’s log.
Find below key highlights of market activities
Indicators |
Current |
Change (%) |
YTD |
All-Share Index |
98,291.53 |
-0.25 |
31.45 |
Market Cap. (₦ ‘trillion) |
59.56 |
-0.25 |
45.56 |
Volume (millions) |
257.55 |
-9.96 |
|
Value (₦ ‘billion) |
8.99 |
-66.46 |
Dividend Information for 2024
Company |
Dividend (Bonus) |
Closure Date |
Payment Date |
BUAFOODS |
₦5.50 |
20-Aug-24 |
26-Sep-24 |
BUACEMENT |
₦2.00 |
12-Aug-24 |
29-Aug-24 |
FBNH |
₦0.40 |
15-Aug-24 |
23-Aug-24 |
AIRTELAFRI |
$0.037 |
24-Jun-24 |
26-Jul-24 |
BETAGLAS |
₦1.4 |
25-Jun-24 |
6-Jul-24 |
FIDSON |
₦0.6 |
19-Jun-24 |
6-Jul-24 |
TOTAL |
₦25.00 |
24-Apr-24 |
24-Jun-24 |
UACN |
₦0.22 |
7-Jun-24 |
21-Jun-24 |
JBERGER |
₦3 |
3-Jun-24 |
21-Jun-24 |
TRANSEXPR |
₦0.02 |
12-Jun-24 |
20-Jun-24 |
SEPLAT ENERGY |
$0.03 ( Q1 INTERIM) |
3-Jun-24 |
14-Jun-24 |
MAYBAKER |
₦0.3 |
22-May-24 |
6-Jun-24 |
PRESCO |
₦24.30 |
15-May-24 |
30-May-24 |
SEPLAT ENERGY |
$0.03 |
29-Apr-24 |
29-May-24 |
TRANSCORP |
₦0.10 |
26-Apr-24 |
28-May-24 |
WEMA |
₦0.5 |
10-May-24 |
28-May-24 |
MEYER |
₦0.3 |
29-Apr-24 |
27-May-24 |
UBA |
₦2.30 |
13-May-24 |
24-May-24 |
NAHCO |
₦2.56 |
13-May-24 |
24-May-24 |
TRANSPOWER |
₦3.13 |
22-Apr-24 |
22-May-24 |
STANBIC |
₦2.20 |
22-Apr-24 |
17-May-24 |
FIDELITYBK |
₦0.60 |
29-Apr-24 |
16-May-24 |
UNILEVER |
₦0.75 |
29-Apr-24 |
10-May-24 |
GTCO |
₦2.70 |
29-Apr-24 |
9-May-24 |
ZENITHBANK |
₦3.50 |
26-Apr-24 |
8-May-24 |
DANGCEM |
₦30.00 |
16-Apr-24 |
29-Apr-24 |
UCAP |
₦1.80 |
10-Apr-24 |
23-Apr-24 |
ACCESSCORP |
₦1.80 |
11-Apr-24 |
19-Apr-24 |
TRANSCOHOT |
₦0.20 |
16-Apr-24 |
30-Apr-24 |
LAFAERGE |
₦1.90 |
2-Apr-24 |
16-Apr-24 |
NGXGROUP |
₦0.75 |
27-Mar-24 |
29-Apr-24 |
GEREGU |
₦8.00 |
28-Feb-24 |
28-Mar-24 |
VITAFOAM |
1.56 |
13-Feb-24 |
7-Mar-24 |
Source: Coronation