The bears continued to dominate the domestic bourse, as the All-Share Index sheds 1.31% to close at 100,582.89 points. Sustained selloffs in Teir-1 banking name, FBNH (-9.97%), GTCO (-8.75%) and ZENITHBANK (-5.94%), overturned gains in PZ (+10.00%), MANSARD (+1.53%) and NAHCO (+0.69%) causing a drag in the market. As a result, the year-to-date return on the index fell to 32.76%, while the market capitalisation lost ₦720.57bn to close at ₦54.32tn.
Analysis of today’s market activities showed trade turnover settled lower relative to the previous session, with the value of transactions down by 4.80%. A total of 396.23m shares valued at ₦5.83bn were exchanged in 10,549 deals. TRANSCORP (-2.62%) led the volume chart with 52.57m units traded while ZENITHBANK (-5.94%) led the value chart with deals worth ₦1.00bn.
Market breadth closed negative at a 12.50-to-1 ratio with declining issues outnumbering the advancing ones. NB (-10.00%) topped forty-nine (49) others on the laggard’s table while PZ (+10.00%) led three (3) others on the leader’s log.
Find below key highlights of market activities
| Indicators | Current | Change (%) | YTD |
| All-Share Index | 99,266.02 | -1.31 | 32.76 |
| Market Cap. (₦ ‘trillion) | 54.32 | -1.31 | 32.75 |
| Volume (millions) | 396.23 | 41.28 | |
| Value (₦ ‘billion) | 5.83 | -4.80 |
| Dividend Information for 2023 |
| Company | Dividend (Bonus) | Closure Date | Payment Date |
| SEPLAT ENERGY | $0.03 (Q3 interim) | 13-Nov-23 | 24-Nov-23 |
| ACCESSCORP | ₦0.30 (interim) | 6-Oct-23 | 19-Oct-23 |
| UBA | ₦0.50 (interim) | 27-Sep-23 | 6-Oct-23 |
| ZENITHBANK | ₦0.50 (interim) | 25-Sep-23 | 29-Sep-23 |
| STANBIC | N1.50 (interim) | 13-Sep-23 | 27-Sep-23 |
| GTCO | ₦0.50 (interim) | 15-Sep-23 | 25-Sep-23 |
| FIDELITYBK | N 0.25 (interim) | 15-Sep-23 | 22-Sep-23 |
| CUSTODIAN | ₦0.15 (interim) | 21-Aug-23 | 5-Sep-23 |
| SEPLAT ENERGY | 3 US CENTS (interim) | 18-Aug-23 | 30-Aug-23 |
| MTNN | ₦5.60 (interim) | 17-Aug-23 | 24-Aug-23 |
| NGXGROUP | ₦0.25 | 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 |
| NESTLE | ₦36.50 | 24-Apr-23 | 18-May-23 |
| WAPCO | ₦2.00 | 11-Apr-23 | 28-Apr-23 |
| NB | ₦1.03 | 17-Mar-23 | 26-Apr-23 |
| DANGCEM | ₦20.00 | 31-Mar-23 | 24-Apr-23 |
| DANGSUGAR | ₦1.50 | 27-Mar-23 | 15-Apr-23 |
| GEREGU | ₦8.00 | 28-Feb-23 | 29-Mar-23 |
