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
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 55,490.20 | -0.42 | 8.27 |
| Market Cap. (₦ ‘trillion) | 30.23 | -0.42 | 8.29 |
| Volume (millions) | 181.19 | -9.07 | |
| Value (₦ ‘billion) | 3.41 | 21.02 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| BUACEMENT | ₦2.80 (final) | 11-Aug-23 | 24-Aug-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 |
