The Lagos bourse broke its three-day win streak as the NGX All-Share Index fell by 0.03% to settle at 68,335.72 points. Profit taking in ACCESSCORP (-1.15%), FBNH (-2.01%) and UBA (-2.29%) outweighed the gains AIRTELAFRI (+1.57%), GTCO (+0.56%) and WAPCO (+0.17%) dragging down the market. Consequently, the year-to-date (YTD) return decreased to +33.34%, while the market capitalization slipped by ₦12.87bn to close at ₦37.40 trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 8.61%. A total of 566.63m shares valued at 5.39bn were exchanged in 8,201 deals. OANDO (+9.77%) led the volume and value charts with 110.00m units traded in deals worth ₦1.60bn.
Market breadth closed negative at a 1.11-to-1 ratio with declining issues outnumbering advancing ones. TRANCOHOT (-10.00%) led nineteen (19) others on the laggard’s log while BERGER (+9.91%) topped seventeen (17) others on the leader’s table.
Find below key highlights of market activities
|Market Cap. (₦ ‘trillion)||37.40||-0.03||33.98|
|Value (₦ ‘billion)||5.39||-8.61|
Dividend Information for 2023
|Company||Dividend (Bonus)||Closure Date||Payment Date|
|FIDELITYBK||N 0.25 (interim)||15-Sep-23||22-Sep-23|
|SEPLAT ENERGY||3 US CENTS (interim)||18-Aug-23||30-Aug-23|