Today, the domestic bourse ended its four-day winning streak as the benchmark index shed 0.75% to close at 52,209.06 points. Selloffs in industrial heavyweight, BUACEMENT (-8.02%) as well as ZENITHBANK (-0.41%) and STANBIC (-1.33%) underpinned the market’s weak performance despite gains in MTNN (+0.04%), BUAFOODS (+2.63%) and ACCESSCORP (+4.95%). Consequently, the year-to-date (YTD) return fell to 1.87%, while market capitalization lost ₦216.28bn to close at ₦28.43trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 16.48%. A total of 554.31m shares valued at ₦5.96bn were exchanged in 5,168 deals. ACCESSCORP (+4.95%) led volume and value charts with 139.29m units traded in deals worth ₦1.47bn.
Market breadth closed positive at a 1.69-to-1 ratio with advancing issues outnumbering declining ones. ARDOVA (+10.00%) topped twenty-six (26) others on the leader’s log while BUACEMENT (-8.02%) topped fifteen (15) others on the laggard’s table.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 52,209.06 | -0.75 | 1.87 |
| Market Cap. (₦ ‘trillion) | 28.43 | -0.76 | 1.84 |
| Volume (millions) | 554.31 | -13.52 | |
| Value (₦ ‘billion) | 5.96 | -16.48 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| BUACEMENT | ₦2.80 | 14-Aug-23 | 24-Aug-23 |
| TOTAL | ₦21.00 | 26-Apr-23 | 2-Jun-23 |
| STANBIC | ₦2.00 | 12-Apr-23 | 26-May-23 |
| ACCESSCORP | ₦1.30 | 10-May-23 | 24-May-23 |
| NESTLE | ₦36.50 | 24-Apr-23 | 18-May-23 |
| GTCO | ₦2.80 | 2-May-23 | 11-May-23 |
| SEPLAT | $0.075 (final) | 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 |
