For the third week in a row, the domestic bourse closed lower by 0.52%. Losses in Teir-1 banking tickers GTCO (-6.52% w/w), ZENITHBANK (-8.54% w/w) and FBNH (-10.89% w/w) were the major drags on the broader index offsetting gains in telco giant MTNN (+2.90% w/w) alongside TRANSCOHOT (+3.03% w/w). As a result, the ASI year-to-date (YTD) return fell to 30.54%, while the market capitalization shed ₦290.06bn w/w to close at ₦55.22trn.
In today’s trading session, the local bourse closed red by 37bps to 97,612.51 points. Continued selloffs in ZENITHBANK (-2.76%), FBNH (+9.31%) and UBA (-4.00%) drove the market’s weak performance. Consequently, the market capitalization lost ₦206.63tn to close at ₦55.22tn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions increasing by 104.45%. A total of 769.10m shares valued at ₦15.74bn were exchanged in 7,585 deals. ETI (-9.98%) led the volume and value tables with 554.97m units traded in deals worth ₦12.02bn.
Market breadth closed negative at a 0.89-to-1 ratio with declining issues outnumbering advancing ones. PZ (-10.00%) led seventeen (17) others on the laggard’s log, while INTENEGINS (+9.93%) topped fifteen (15) others on the leader’s table.
On the sectoral breakdown, NGX Oil and Gas Index (+0.72%w/w), the NGX Consumer Goods Index (+0.31%w/w), and the NGX Industrial Goods Index (+0.19%w/w) closed positive while NGX Banking Index (-7.35%w/w), the NGX Insurance Index (-3.50%w/w), the NGX Pension Index (-2.79%w/w), and the NGX 30 Index (-0.63% w/w) closed negative.
Find below key highlights of market activities
Indicators | Current | Change (%) | YTD |
All-Share Index | 97,612.51 | -0.37 | 30.54 |
Market Cap. (₦ ‘trillion) | 55.22 | -0.37 | 34.95 |
Volume (millions) | 769.09 | 143.04 | |
Value (₦ ‘billion) | 15.74 | 104.45 |
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 |
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 |