Today, the domestic bourse slipped as the benchmark index closed 1.99% weaker at 60,715.04 points. Gains in PRESCO (+1.69%), FCMB (+4.26%), and TRANSCOHOT (+9.83%) were offset by selloffs in MTNN (-1.80%), BUACEMENT (-9.86%), and ZENITHBANK (-3.83%) keeping the market in the negative terrain. Consequently, the year-to-date (YTD) return fell to 18.47%, while market capitalisation lost ₦672.03bn to close at ₦33.06trn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 13.04%. A total of 1.11bn shares valued at ₦12.21bn were exchanged in 12,194 deals. FCMB (+4.26%) led the volume chart with 180.75m units traded while ZENITHBANK (-3.83%) led the value chart in deals worth ₦1.80bn.
Market breadth closed negative at a 1.70-to-1 ratio, with declining issues outnumbering advancing ones. PZ (-10.00%) led thirty-three (33) others on the laggard’s table, while ETERNA (+9.96%) topped nineteen (19) others on the gainer’s log.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 60,715.04 | -1.99 | 18.47 |
| Market Cap. (₦ ‘trillion) | 33.06 | -1.99 | 18.43 |
| Volume (millions) | 1,107.34 | -8.14 | |
| Value (₦ ‘billion) | 12.21 | -13.04 |
Dividend Information for 2023
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| BUACEMENT | ₦2.80 | 14-Aug-23 | 24-Aug-23 |
| FBNH | ₦0.50 | 09-Aug-23 | 16-Aug-23 |
| TOTAL | ₦21.00 | 26-Apr-23 | 02-Jun-23 |
| STANBIC | ₦2.00 | 12-Apr-23 | 26-May-23 |
| ACCESSCORP | ₦1.30 | 09-May-23 | 24-May-23 |
| NESTLE | ₦36.50 | 24-Apr-23 | 18-May-23 |
| GTCO | ₦2.80 | 02-May-23 | 11-May-23 |
| SEPLAT | $0.08 | 19-Apr-23 | 16-May-23 |
| ZENITHBANK | ₦2.90 | 17-Apr-23 | 02-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 |
