Today, the domestic bourse ended its four-day winning streak as the benchmark index shed 0.46% to close at 65,687.16 points. Selloffs in telco heavyweight, MTNN alongside FBNH and WAPCO underpinned the market’s weak performance despite gains in ZENITHBANK, SEPLAT and STANBIC. Consequently, the year-to-date (YTD) return fell to 28.17 per cent, while market capitalisation lost ₦186.85 billion to close at ₦35.75 trillion.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 3.77%. A total of 500.43m shares valued at ₦7.14 billion were exchanged in 7,345 deals. UBA (-0.67%) led the volume chart with 58.31 units traded while ACCESSCORP (-4.72%) led the value chart in deals worth ₦991.20m.
Market breadth closed positive at a 1.53-to-1 ratio with advancing issues outnumbering declining ones. SEPLAT (+10.00%) topped twenty-five (25) others on the leader’s log while UNILEVER (-10.00%) led sixteen (16) others on the laggard’s table.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 65,687.16 | -0.46 | 28.17 |
| Market Cap. (₦ ‘trillion) | 35.75 | -0.52 | 28.05 |
| Volume (millions) | 500.43 | -9.59 | |
| Value (₦ ‘billion) | 7.14 | -3.77 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| NGXGROUP | ₦0.50 | 31-Jul-23 | 31-Aug-23 |
| BUACEMENT | ₦2.80 | 14-Aug-23 | 24-Aug-23 |
| FBNH | ₦0.50 | 9-Aug-23 | 16-Aug-23 |
| AIRTELAFRI | 3.27 | 22-Jun-23 | 26-Jul-23 |
| TOTAL | ₦21.00 | 26-Apr-23 | 2-Jun-23 |
| STANBIC | ₦2.00 | 12-Apr-23 | 26-May-23 |
| ACCESSCORP | ₦1.30 | 9-May-23 | 24-May-23 |
| NESTLE | ₦36.50 | 24-Apr-23 | 18-May-23 |
| GTCO | ₦2.80 | 2-May-23 | 11-May-23 |
| SEPLAT | $0.08 | 19-Apr-23 | 16-May-23 |
| ZENITHBANK | ₦2.90 | 17-Apr-23 | 2-May-23 |
| WAPCO | ₦2.00 | 11-Apr-23 | 28-Apr-23 |
| UBA | ₦0.90 | 17-Apr-23 | 27-Apr-23 |
| NB | ₦1.03 | 17-Mar-23 | 26-Apr-23 |
| DANGCEM | ₦20.00 | 31-Mar-23 | 24-Apr-23 |
| MTNN | ₦10.00 | 28-Mar-23 | 20-Apr-23 |
| DANGSUGAR | ₦1.50 | 27-Mar-23 | 15-Apr-23 |
| GEREGU | ₦8.00 | 28-Feb-23 | 29-Mar-23 |
