Amaechi Raphael Chinedu
@Official_ARC·11h
Banks put about ₦307bn back on the board. Three names to watch as Thursday opens
Where we start: on Wednesday the All-Share Index rose 0.19% to 254,762.81, its second gain in a row. Market value climbed about ₦307bn to ₦165.42trn, and the year-to-date gain is about 63.72%. Breadth flipped positive too — 27 stocks rose and 23 fell.
Banks did most of the lifting. The Banking Index gained 0.72%. 
$GTCO rose 5.13% to ₦123.00, 
$UBA added 2.68% to ₦42.10, and ZENITHBA$ZENITHBA gained 2.65% to ₦120.00. Fidelity Bank rose 1.69% to ₦24.00. Insurance went the other way, down 0.54%.
Three things worth watching in today's session:
1. Whether the bank rally has follow-through, or whether profit-taking shows up early.
2. Transcorp Power after closing up 9.97% at ₦203.00, just under the 10% daily limit. Near-limit moves can reverse or extend.
3. Ikeja Hotel. Its interim dividend of ₦0.03 qualifies Friday, Nov 6. The register then closes Nov 9–13, with payment Friday, Dec 4. Reminder: the qualification date is when you must already be on the register, and trades take time to settle — buying on the day itself is usually too late. Ask your broker how timing works for your account.
Also next week: Okomu ₦11.50 interim on Nov 11, Berger ₦0.50 on Nov 12, and Seplat's US5c plus US14c special on Nov 12.
Why it matters: Wednesday's lift was bank-led and fairly broad. Today's open will show whether that momentum carries, or whether attention shifts to names with near-term corporate dates.
Want to see how today's session treats your own holdings? Add your portfolio on Gopexly and follow along.
Not financial advice, just what's on the radar.
$GTCO rose 5.13% to ₦123.00, $UBA added 2.68% to ₦42.10, and ZENITHBA$ZENITHBA gained 2.65% to ₦120.00. Fidelity Bank rose 1.69% to ₦24.00. Insurance went the other way, down 0.54%.
Three things worth watching in today's session:
1. Whether the bank rally has follow-through, or whether profit-taking shows up early.
2. Transcorp Power after closing up 9.97% at ₦203.00, just under the 10% daily limit. Near-limit moves can reverse or extend.
3. Ikeja Hotel. Its interim dividend of ₦0.03 qualifies Friday, Nov 6. The register then closes Nov 9–13, with payment Friday, Dec 4. Reminder: the qualification date is when you must already be on the register, and trades take time to settle — buying on the day itself is usually too late. Ask your broker how timing works for your account.
Also next week: Okomu ₦11.50 interim on Nov 11, Berger ₦0.50 on Nov 12, and Seplat's US5c plus US14c special on Nov 12.
Why it matters: Wednesday's lift was bank-led and fairly broad. Today's open will show whether that momentum carries, or whether attention shifts to names with near-term corporate dates.
Want to see how today's session treats your own holdings? Add your portfolio on Gopexly and follow along.
Not financial advice, just what's on the radar.0 views
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