The local bourse ended the day virtually flat (-1bp) as pockets of bullish activity were offset by lingering caution. Zenith (+1.81%), Fidelity (+2.31%), NGX Group (+8.17%), and AccessCorp (+0.44%) offered glimmers of hope, but the overall mood remained muted. Weakness in Oando (-6.04%), Dangsugar (-4.48%), and a sharp drop in Mansard (-10.00%) post its 45 kobo final dividend announcement, alongside minor dips in GTCO (-0.14%) and FirstHoldCo (-0.19%), kept the index anchored.
Trading activity generated a turnover of ₦8.1 billion ($5.3 million), with GTCO, Zenith Bank, and UBA dominating the flow. Despite today’s sideways movement, the year-to-date performance remains up at +2.51%. The coming week will likely be shaped by ongoing reactions to corporate actions and evolving macroeconomic narratives.