Recovering from the previous session’s loss, the domestic bourse posted gains as the benchmark index rose by 0.42% to close at 56,038.85 points.
Renewed demand for index heavyweight, AIRTELAFRI (+1.96%) alongside ZENITHBANK (+0.18%), and STANBIC (+5.45%) contributed to outweigh losses in GTCO (-0.89%), ACCESSCORP (-0.40%), and FBNH (-0.37%), keeping the market in the green.
As a result, the year-to-date (YTD) return rose to 9.34%, while market capitalization gained ₦126.38bn to close at ₦30.51trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 70.64%.
A total of 322.49m shares valued at ₦5.82bn were exchanged in 6,165 deals. UBA (-1.06%) led the volume chart with 47.13m units traded, while AIRTELAFRI (+1.96%) led the value chart in deals worth ₦1.76bn.
Market breadth closed positive at a 1.38-to-1 ratio with advancing issues outnumbering declining ones. ETERNA (+9.85%), topped twenty-one (21) others on the leader’s table, while UACN (-5.08%) led fifteen (15) others on the laggard’s table.
Courtesy: Coronation Research
Find below key highlights of market activities. Indicators Current Change (%) YTD All-Share Index 56,038.85 +0.42 +9.34 Market Cap. (₦ ‘trillion) 30.51 +0.42 +9.31 Volume (millions) 322.49 -12.79 Value (₦ ‘billion) 5.82 -70.64 Dividend Information for 2023 Company Dividend (Bonus) Closure Date Payment Date BUACEMENT ₦2.80 (final) 14-Aug-23 24-Aug-23 TOTAL ₦21.00 (final) 26-Apr-23 2-Jun-23 STANBIC ₦2.00 (final) 12-Apr-23 26-May-23 ACCESSCORP ₦1.30 (final) 9-May-23 24-May-23 NESTLE ₦36.50 (final) 24-Apr-23 18-May-23 GTCO ₦2.80 (final) 2-May-23 11-May-23 SEPLAT $0.075 (final) 19-Apr-23 16-May-23 ZENITHBANK ₦2.90 (final) 17-Apr-23 2-May-23 WAPCO ₦2.00 (final) 11-Apr-23 28-Apr-23 UBA ₦0.90 (final) 17-Apr-23 27-Apr-23 NB ₦1.03 (final) 17-Mar-23 26-Apr-23 DANGCEM ₦20.00 (final) 31-Mar-23 24-Apr-23 MTNN ₦10.00 (final) 28-Mar-23 20-Apr-23 DANGSUGAR ₦1.50 (final) 27-Mar-23 15-Apr-23 GEREGU ₦8.00 (final) 28-Feb-23 29-Mar-23