Today, the domestic bourse extended losses from the previous session, bringing the All-Share Index down by 0.09% to close at 68,271.14 points. Bearish sentiment in MTNN (-0.41%), ACCESSCORP (-1.74%), and FBNH (-0.88%) overturned the gains in GTCO (+1.12%), WAPCO (+0.17%), and DANGSUGAR (+3.61%) causing the drag in the market. Accordingly, the market is on track for a week of gain. As a result, the ASI’s year-to-date (YTD) return fell to 33.21%, while the market capitalisation shed ₦35.34bn to close at ₦37.37trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 8.03%. A total of 1.12bn shares valued at 5.82bn were exchanged in 7,949 deals. OANDO (-9.93%) led the volume and value charts with 100.69m units traded in deals worth ₦1.46bn.
Market breadth closed negative at a 2.27-to-1 ratio with declining issues outnumbering advancing ones. OANDO (-9.93%) led twenty-four (24) others on the laggard’s log while MBENEFIT (+9.30%) topped ten (10) others on the leader’s table.
Find below key highlights of market activities
|Market Cap. (₦ ‘trillion)||37.37||-0.09||33.85|
|Value (₦ ‘billion)||5.82||8.03|
|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|