Today, the NGX All-Share Index relapsed by 0.02% to close at 54,924.08 points – halting two days of successive rally on the local bourse. Selloffs in GTCO (-0.20%) and ACCESSCORP (-2.25%) offset renewed demand for ZENITHBANK (+0.20%) and TRANSCORP (+5.38%), driving the weak performance. Nevertheless, the market remains on track for a weekly gain in the month. The ASI’s year-to-date (YTD) return decreased to 7.17%, while the market capitalization lost ₦6.55bn to close at ₦29.92trn.
Analysis of today’s market activities showed trade turnover settled higher relative to the previous session, with the value of transactions up by 5.13%. A total of 117.85m shares valued at ₦1.40bn were exchanged in 2,575 deals. TRANSCORP (+5.38%) led the volume chart with 23.40m units while MTNN (0.00%) led the value chart in deals worth ₦370.21m.
Market breadth closed negative at a 1.40-to-1 ratio with declining issues outnumbering advancing ones. LINKASSURE (-8.70%) topped thirteen (13) others on the laggard’s log, while TRANSCOHOT (+8.32%) led nine (9) others on the leader’s table.
Find below key highlights of market activities
|Market Cap. (₦ ‘trillion)||29.92||-0.02||7.18|
|Value (₦ ‘billion)||1.40||5.13|
Dividend Information for 2023
|Company||Dividend (Bonus)||Closure Date||Payment Date|