Today, activity on the Lagos bourse was flat as the benchmark index closed at 55,603.94 points. Investor interests in DANGCEM (+0.72%) were offset by selloffs in ZENITHBANK (-1.33%) and GTCO (-0.38%). Consequently, the year-to-date (YTD) slipped to 8.49%, while the market capitalisation lost ₦889.07m to close at ₦30.29trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 0.31%. A total of 159.46m shares valued at ₦2.48bn were exchanged in 4,187 deals. TRANSCORP (+0.00%) led the volume chart with 14.42m units traded while ZENITHBANK (-1.33%) led the value chart in deals worth ₦344.88m.
Market breadth closed negative at a 1.67-to-1 ratio with declining issues outnumbering advancing ones. CUTIX (-9.09%) topped fourteen (14) others on the laggard’s log while UACN (+7.60%) led eight (8) others on the leader’s table.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 55,603.94 | 0.00 | 8.49 |
| Market Cap. (₦ ‘trillion) | 30.29 | 0.00 | 8.51 |
| Volume (millions) | 159.46 | 29.07 | |
| Value (₦ ‘billion) | 2.48 | -0.31 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| BUACEMENT | ₦2.80 (final) | 12-Jul-23 | 20-Jul-23 |
| NESTLE | ₦36.50 (final) | 28-Apr-23 | 18-May-23 |
| SEPLAT | $0.075 (final) | 19-Apr-23 | 10-May-23 |
| WAPCO | N2.00 (final) | 11-Apr-23 | 28-Apr-23 |
| NB | N1.03 (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 |
Source: Coronation Research
