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
|Market Cap. (₦ ‘trillion)||30.29||0.00||8.51|
|Value (₦ ‘billion)||2.48||-0.31|
Dividend Information for 2023
|Company||Dividend (Bonus)||Closure Date||Payment Date|
Source: Coronation Research