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
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 54,924.08 | -0.02 | 7.17 |
| Market Cap. (₦ ‘trillion) | 29.92 | -0.02 | 7.18 |
| Volume (millions) | 117.85 | -12.15 | |
| Value (₦ ‘billion) | 1.40 | 5.13 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| BUACEMENT | ₦2.80 (final) | 11-Aug-23 | 24-Aug-23 |
| STANBIC | ₦2.00 (final) | 12-Apr-23 | 26-May-23 |
| NESTLE | ₦36.50 (final) | 28-Apr-23 | 18-May-23 |
| SEPLAT | $0.075 (final) | 19-Apr-23 | 10-May-23 |
| WAPCO | ₦2.00 (final) | 11-Apr-23 | 28-Apr-23 |
| NB | ₦1.03 (final) | 17-Mar-23 | 26-Apr-23 |
| DANGCEM | ₦20.00 (final) | 31-Mar-23 | 24-Apr-23 |
| MTNN | ₦10.00 (final) | 28-Mar-23 | 20-Apr-23 |
| DANGSUGAR | ₦1.50 (final) | 27-Mar-23 | 15-Apr-23 |
| GEREGU | ₦8.00 (final) | 28-Feb-23 | 29-Mar-23 |
Source: Coronation
