Today, the domestic bourse ended its four-day winning streak as the benchmark index shed 0.14% to close at 65,401.82 points. Selloffs in telco heavyweight, MTNN (-0.18%), as well as ZENITHBANK (-1.20%), and ACCESSCORP (-3.27%), underpinned the market’s weak performance despite gains in GTCO (+0.56%), NB (+1.88%) and DANGSUGAR (+10.00%). Accordingly, the market is on track for a week of gain. As a result, the year-to-date (YTD) return fell to 27.61%, while market capitalization lost ₦49.80bn to close at ₦35.79trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 218.74%. A total of 583.09m shares valued at ₦12.90bn were exchanged in 6,968 deals. TRANSCORP (+10.00%) led the volume chart with 144.49m units traded while MTNN (-0.18%) led the value chart in deals worth ₦6.16bn.
Market breadth closed negative at a 2.42-to-1 ratio with declining issues outnumbering advancing ones. FTNCOCOA (-9.95%) led twenty-eight (28) others on the laggard’s log while DANGSUGAR (+10.00%) topped eleven (11) others on the leader’s table.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 65,401.82 | -0.14 | 27.61 |
| Market Cap. (₦ ‘trillion) | 35.79 | -0.14 | 28.23 |
| Volume (millions) | 583.09 | 67.40 | |
| Value (₦ ‘billion) | 12.90 | 218.74 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| 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 |
| STANBIC | ₦2.00 | 12-Apr-23 | 26-May-23 |
| ACCESSCORP | ₦1.30 | 9-May-23 | 24-May-23 |
| NESTLE | ₦36.50 | 24-Apr-23 | 18-May-23 |
| GTCO | ₦2.80 | 2-May-23 | 11-May-23 |
| SEPLAT | $0.08 | 19-Apr-23 | 16-May-23 |
| ZENITHBANK | ₦2.90 | 17-Apr-23 | 2-May-23 |
| WAPCO | ₦2.00 | 11-Apr-23 | 28-Apr-23 |
| UBA | ₦0.90 | 17-Apr-23 | 27-Apr-23 |
| NB | ₦1.03 | 17-Mar-23 | 26-Apr-23 |
| DANGCEM | ₦20.00 | 31-Mar-23 | 24-Apr-23 |
| MTNN | ₦10.00 | 28-Mar-23 | 20-Apr-23 |
| DANGSUGAR | ₦1.50 | 27-Mar-23 | 15-Apr-23 |
| GEREGU | ₦8.00 | 28-Feb-23 | 29-Mar-23 |
