Today, the domestic bourse extended losses from the previous session, bringing the All-Share Index down by 0.80% to close at 66,760.20 points. Bearish sentiment in MTNN (-1.53%), NESTLE (-2.33%), and ZENITHBANK (-3.45%) overturned the gains in WAPCO (+0.52%), OKOMUOIL (+5.20%) and OANDO (+9.47%) causing the drag in the market. Consequently, the ASI’s year-to-date (YTD) return fell to 30.26%, while the market capitalization shed ₦293.35bn to close at ₦36.54trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 32.16%. A total of 645.54m shares valued at ₦11.01bn were exchanged in 10,554 deals. TRANSCORP (-0.66%) led the volume chart with 87.82m units traded while GTCO (-1.41%) led the value chart in deals worth ₦1.33bn.
Market breadth closed negative at a 3.27-to-1 ratio with declining issues outnumbering advancing ones. REGALINS (-10.00%) led thirty-five (35) others on the laggard’s log while VITAFOAM (+9.78%) topped ten (10) others on the leader’s table.
Find below key highlights of market activities
|Market Cap. (₦ ‘trillion)||36.54||-0.80||30.89|
|Value (₦ ‘billion)||11.01||32.16|
|Dividend Information for 2023|
|Company||Dividend (Bonus)||Closure Date||Payment Date|
|FIDELITYBK||N 0.25 (interim)||15-Sep-23||22-Sep-23|
|SEPLAT ENERGY||3 US CENTS (interim)||18-Aug-23||30-Aug-23|