Price Appreciation in BUA Foods, Lafarge Africa, Others Drive Stock Market by N70bn

Price Appreciation in BUA Foods, Lafarge Africa, Others Drive Stock Market by N70bn

BUA Cement Kayode Tokede The stock market of the Nigerian Exchange Limited (NGX) gained N70 billion on sustained bargain hunting in BUA Foods, Lafarge Africa, Nigerian Exchange Group (NGXGroup), UAC of Nigeria (UACN), United Capital and 20 other stocks. The appreciation drives NGX All Share Index (ASI) by 131.19 basis points or 0.30 per cent […]

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 […]

2021 FULL YEAR: Stock market growth outpaces economy by 2.04%

2021 FULL YEAR: Stock market growth outpaces economy by 2.04%

STOCK *Investors gain N1.2trn *Analysts predict mixed performance in 2022 By Peter Egwuatu & Nkiruka Nnorom Against the backdrop of marginal economic recovery in 2021, Nigeria’s stock market recorded a slowdown in growth but the performance indices remained in positive territories. Though the sustained positive trajectory in the market was slower compared to that of […]

Dangote Cement, MTN, Airtel, BUA Cement, Nestle, Zenith, Others Contributed 90% to N22.3trn Market Cap in 2021

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 […]