The local bourse closed bearish today as investors reacted negatively to the CBN’s 50bps hike in MPR to 26.75%. Consistently, the index shed 8bps to settle at 100,486.12 points, led by sell-offs in Tier-one banking names including ZENITHBANK (-1.60%), FBNH (-0.91%), and UBA (-1.52%). The year-to-date (YTD) return slipped to 34.39%, while the market capitalisation declined by ₦46.70bn to close at ₦56.90trn.
As regards market activities, trade turnover settled lower relative to the previous session, with the value of transactions down 2.46%. A total of 280.92m shares valued at ₦3.63bn were exchanged in 8,403 deals. VERITASKAP (+0.00%) led the volume chart with 22.51m units traded while UCAP (-0.64%) led the value chart with deals worth ₦817.10m.
Market breadth closed negative at a 0.52-to-1 ratio with declining issues outnumbering advancing ones. UPL (-9.92%) led twenty-four (24) others on the laggard’s table while IKEJAHOTEL (+7.58%) topped twelve (12) others on the gainer’s table.
Dividend Information for 2024
Indicators | Current | Change (%) | YTD |
All-Share Index | 100,486.12 | -0.08 | 34.39 |
Market Cap. (₦ ‘trillion) | 56.90 | -0.08 | 39.06 |
Volume (millions) | 280.92 | -16.32 | |
Value (₦ ‘billion) | 3.63 | -2.46 |
Find below key highlights of market activities
Company | Dividend (Bonus) | Closure Date | Payment Date |
BUAFOODS | ₦5.50 | 20-Aug-24 | 26-Sep-24 |
BUACEMENT | ₦2.00 | 12-Aug-24 | 29-Aug-24 |
FBNH | ₦0.40 | 15-Aug-24 | 23-Aug-24 |
AIRTELAFRI | $0.037 | 24-Jun-24 | 26-Jul-24 |
BETAGLAS | ₦1.4 | 25-Jun-24 | 6-Jul-24 |
FIDSON | ₦0.6 | 19-Jun-24 | 6-Jul-24 |
TOTAL | ₦25.00 | 24-Apr-24 | 24-Jun-24 |
UACN | ₦0.22 | 7-Jun-24 | 21-Jun-24 |
JBERGER | ₦3 | 3-Jun-24 | 21-Jun-24 |
TRANSEXPR | ₦0.02 | 12-Jun-24 | 20-Jun-24 |
SEPLAT ENERGY | $0.03 ( Q1 INTERIM) | 3-Jun-24 | 14-Jun-24 |
MAYBAKER | ₦0.3 | 22-May-24 | 6-Jun-24 |
PRESCO | ₦24.30 | 15-May-24 | 30-May-24 |
SEPLAT ENERGY | $0.03 | 29-Apr-24 | 29-May-24 |
TRANSCORP | ₦0.10 | 26-Apr-24 | 28-May-24 |
WEMA | ₦0.5 | 10-May-24 | 28-May-24 |
MEYER | ₦0.3 | 29-Apr-24 | 27-May-24 |
UBA | ₦2.30 | 13-May-24 | 24-May-24 |
NAHCO | ₦2.56 | 13-May-24 | 24-May-24 |
TRANSPOWER | ₦3.13 | 22-Apr-24 | 22-May-24 |
STANBIC | ₦2.20 | 22-Apr-24 | 17-May-24 |
FIDELITYBK | ₦0.60 | 29-Apr-24 | 16-May-24 |
UNILEVER | ₦0.75 | 29-Apr-24 | 10-May-24 |
GTCO | ₦2.70 | 29-Apr-24 | 9-May-24 |
ZENITHBANK | ₦3.50 | 26-Apr-24 | 8-May-24 |
DANGCEM | ₦30.00 | 16-Apr-24 | 29-Apr-24 |
UCAP | ₦1.80 | 10-Apr-24 | 23-Apr-24 |
ACCESSCORP | ₦1.80 | 11-Apr-24 | 19-Apr-24 |
TRANSCOHOT | ₦0.20 | 16-Apr-24 | 30-Apr-24 |
LAFAERGE | ₦1.90 | 2-Apr-24 | 16-Apr-24 |
NGXGROUP | ₦0.75 | 27-Mar-24 | 29-Apr-24 |
GEREGU | ₦8.00 | 28-Feb-24 | 28-Mar-24 |
VITAFOAM | 1.56 | 13-Feb-24 | 7-Mar-24 |