By Dipo Olowookere The first trading session of the week on the floor of the Nigerian Exchange (NGX) Limited finished on a positive note as it closed 1.26 per cent higher. The growth was influenced by buying interests in shares in the industrial goods sector, especially Dangote Cement and others. Consequently, the All-Share Index (ASI) […]
Tag: XNSA_DANGCEM
NGX Sheds 1.77% as Investors Selloff UPDC, Dangote Cement
By Dipo Olowookere The Nigerian Exchange (NGX) Limited depreciated on Thursday by 1.77 per cent on the back of profit-taking in the shares of UPDC, Dangote Cement and 13 others. The duo lost 10.00 per cent each yesterday to close at N9.00 and N252.00 respectively, while Neimeth went down by 6.86 per cent to N1.63, […]
Dangote Cement, MTN, Airtel, BUA Cement, Nestle, Zenith, Others Contributed 90% to N22.3trn Market Cap in 2021
Kayode Tokede Dangote Cement Plc and 14 other highly capitalised stocks on the Nigerian Exchange Limited (NGX) contributed 90.2 per cent or N20.10 trillion to overall N22.3 trillion market capitalisation in 2021. The other highly capitalised stocks were MTN Nigeria Plc, Airtel Africa Plc, BUA cement, Nestle Nigeria Plc, Zenith Bank Plc, Guaranty Trust Holdings […]
Investors lose N46 billion at stock market
NGX trading Sentiments in the domestic bourse turned negative on Thursday with a loss of N46 billion due to profit-taking activities in top cement player – Dangote Cement. Specifically, the market capitalisation shed N46 billion or 0.21 per cent to close at N22.056 trillion from N22.102 trillion posted on Wednesday. Also, the All-Share Index lost […]
Lafarge, Others Join Meristem Value Index as FBN, Honeywell Exit
By Dipo Olowookere Nigerian Exchange (NGX) Limited has rejigged its market indices, with some companies leaving and joining, according to a statement made available to Business Post . It was stated that the review became effective from Tuesday. January 4, 2022, and the affected indices are the NGX 30, NGX Lotus Islamic, NGX Pension, Corporate […]
Nigerian stocks rebound with N51 billion gain
Nigerian stocks Exchange Nigerian stocks inched up 0.2 per cent or N50.7 billion on Friday, almost completely wiping out the loss recorded at the preceding session, a broad-based advance aided by gains from food and beverages, banking and industrial goods sectors’ shares. International Breweries, United Bank for Africa and Dangote Cement led the climb, with […]
Dangote Cement leads losers as stocks shed N391.32bn
Nigerian stocks saw their combined market value fall by N391.32bn at the end of trading on Thursday as Dangote Cement Plc and 14 others recorded price losses. The NGX All-Share Index dropped by 1.77 per cent to close at 41,685.22 basis points, while the market capitalisation slumped by N391.32bn to N21.75tn. The market activities on […]
MTNN drive SWOOTS capitalization down by N449.36 billion
The combined market capitalization of the stocks worth over one trillion (SWOOTs) depreciated by 2.84% to close at N15.39 trillion from N15.84 trillion the previous week, reflecting a loss of N449.36 billion. Stocks included in this classification are AIRTELAFRICA, BUA CEMENT, DANGOTE CEMENT, NESTLE and MTNN Plc. Stock Performance Airtel Africa Plc – N955.00 Airtel […]
MTNN, Dangote Cement boosts the SWOOTs capitalization by N305 billion
SWOOT The combined market capitalization of the stocks worth over one trillion (SWOOTs) appreciated by 2.03% to close at N15.37 trillion from N15.06 trillion the previous week, reflecting a gain of N305.55 billion. Stocks included in this classification are AIRTELAFRICA, BUA CEMENT, DANGOTE CEMENT, NESTLE, and MTNN Plc. Stock Performance: Dangote Cement Plc – N255.00 […]
Directors of Nestle Nigeria, FBN Holdings, Others Transact N32.4bn Worth of Stocks in 2021
FBN Holdings Kayode Tokede Insiders in fundamental stocks on the Nigerian Exchange Limited (NGX) transacted N32.4billion worth of stocks in 2021, data gathered by THISDAY revealed. The insiders include Managing Directors, Deputy Managing Director, Non-executive Directors, and shareholding firms, among others. The companies whose directors were involved in the transactions include; Nestle Nigeria Plc, Dangote […]