Bearish sentiments drove the domestic bourse today as the NGX All-Share Index closed 0.42% lower to 55,490.20 points, marking its fourth successive session decline. Selloffs in ZENITHBANK (-4.60%), GTCO (-0.79%) and GEREGU (-6.46%) underpinned the market’s weak performance. As a result, the year-to-date (YTD) return fell to 8.27%, while the market capitalization shed ₦126.76bn to close at ₦30.23trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 21.02%. A total of 181.19m shares valued at ₦3.41bn were exchanged in 3,908 deals. GTCO (-0.79%) led the volume and value charts with 33.85m units traded in deals worth ₦841.95m.
Market breadth closed negative at a 2.25-to-1 ratio, with declining issues outnumbering advancing ones. UCAP (-9.30%) topped seventeen (17) others on the laggard’s log, while NGXGROUP (+4.87%) led seven (7) others on the leader’s table.
Find below key highlights of market activities
|Market Cap. (₦ ‘trillion)||30.23||-0.42||8.29|
|Value (₦ ‘billion)||3.41||21.02|
Dividend Information for 2023
|Company||Dividend (Bonus)||Closure Date||Payment Date|