Market breadth closed negative at a 1.05-to-1 ratio with declining issues outnumbering advancing ones. NEIMETH (-8.93%) topped twenty-two (22) others on the laggard’s table, while MULTIVERSE (+10.00%) led twenty-one (21) others on the leader’s log.
Today, the local equities extended gains for the fourth consecutive session as the All-Share index gained 0.08% to close at 68,334.68 points. Gains in index heavyweights, MTNN (+0.04%), BUAFOODS (+2.78%) alongside UBA (+0.66%) outweighed losses in NESTLE (-0.91%), ZENITHBANK (-0.27%) and GTCO (-2.47%) keeping the market in the positive terrain. As a result, the ASI’s year-to-date (YTD) return increased to 33.33%, while the market capitalisation gained ₦30.40bn to close at ₦37.40trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 21.70%. A total of 557.85m shares valued at ₦10.21bn were exchanged in 9,818 deals. UBA (+0.66%) led the volume chart with 63.32m units traded while GTCO (-2.47%) led the value chart in deals worth ₦1.53bn.
Find below key highlights of market activities
|Market Cap. (₦ ‘trillion)||37.40||0.08||33.98|
|Value (₦ ‘billion)||10.21||-21.70|
Dividend Information for 2023
|Company||Dividend (Bonus)||Closure Date||Payment Date|
|FIDELITYBK||N 0.25 (interim)||18-Sep-23||N/A|
|SEPLAT ENERGY||3 US CENTS (interim)||18-Aug-23||30-Aug-23|