Today, the local bourse reversed some of the gains from previous session as the benchmark index lost 0.33% to close at 101,707.70 points. Selloffs in Teir-1 banking names, ZENITHBANK (-3.79%) GTCO (-1.00%) and UBA (-4.77%) outweighed investors interest DANGSUGAR (+1.25%), ACCESSCORP (+0.43%) and UCAP (+3.63%) putting the market in the negative terrain. As a result, the year-to-date (YTD) return fell to 36.02%, as market capitalization shed ₦183.10bn to close at ₦55.65trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 16.09%. A total of 263.19bn shares valued at ₦4.30bn were exchanged in 8,614 deals. VERITASKAP (+9.59%) led the volume chart with 49.07m units traded while UBA (-4.77%) led the value chart with deals worth ₦587.50m.
Market breadth closed negative at a 1.22-to-1 ratio with declining issues outnumbering the advancing ones. PZ (-9.87%) topped twenty-seven (27) others on the laggard’s table while HONYFLOUR (+9.92%) led twenty-two (22) others on the leader’s log.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 101,707.70 | -0.33 | 36.02 |
| Market Cap. (₦ ‘trillion) | 55.65 | -0.33 | 36.01 |
| Volume (millions) | 263.19 | 8.56 | |
| Value (₦ ‘billion) | 4.30 | -16.09 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| SEPLAT ENERGY | $0.03 (Q3 interim) | 13-Nov-23 | 24-Nov-23 |
| 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 |
| NESTLE | ₦36.50 | 24-Apr-23 | 18-May-23 |
| WAPCO | ₦2.00 | 11-Apr-23 | 28-Apr-23 |
| NB | ₦1.03 | 17-Mar-23 | 26-Apr-23 |
| DANGCEM | ₦20.00 | 31-Mar-23 | 24-Apr-23 |
| DANGSUGAR | ₦1.50 | 27-Mar-23 | 15-Apr-23 |
| GEREGU | ₦8.00 | 28-Feb-23 | 29-Mar-23 |
