The bears sustained the run on the domestic bourse as the benchmark Index slipped 0.18% to settle at 103,952.47 points. Selloffs of MTNN (-1.70%), FBNH (-3.57%) and ACCESSCORP (-2.12%) outweighed gains in GTCO (+1.86%), ZENITHBANK (+2.41%) and UBA (+1.33%). As a result, the ASI’s year-to-date (YTD) return slipped to 39.02%, while the market capitalisation shed ₦103.97bn to close at ₦58.78trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 0.81%. A total of 374.41bm shares valued at ₦11.29bn were exchanged in 8,689 deals. GTCO (+1.86%) led the volume and value chart with 67.15m units traded in deals worth ₦3.27bn.
Market breadth closed flat. ABBEYDS (+10.00%) topped twenty-three (23) others on the leader’s table while UPDC (-9.87%) led twenty-three (23) others on the laggard’s log.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 103,952.47 | -0.18 | 39.02 |
| Market Cap. (₦ ‘trillion) | 58.78 | -0.18 | 43.64 |
| Volume (millions) | 374.41 | 22.03 | |
| Value (₦ ‘billion) | 11.29 | -0.81 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| BUACEMENT | ₦2.00 | 12-Aug-24 | 29-Aug-24 |
| SEPLAT ENERGY | $0.03 | 29-Apr-24 | 29-May-24 |
| DANGCEM | ₦30.00 | 16-Apr-24 | 29-Apr-24 |
| LAFAERGE | ₦1.90 | 2-Apr-24 | 16-Apr-24 |
| NGXGROUP | ₦0.75 | 27-Mar-24 | TBA |
| GEREGU | ₦8.00 | 28-Feb-24 | 28-Mar-24 |
| VITAFOAM | ₦1.56 | 13-Feb-24 | 7-Mar-24 |
| 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 |
Source: Coronation
