Dangote Cement gains over N25b in value as stock market closes bullish

Dangote Cement Plc, the most capitalized company on the Nigerian Exchange, today recorded a growth in share price taking the price to N256.50, slightly appreciating by 0.59%.

The cement producer traded the highest in value of N726.27 million as the company’s market value today appreciated by N25.56 billion at the end of the trading session.

The NGX closed on a positive note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 10 basis point.

The NGX ASI closed at 42,394.71 points, to reflect a growth of 0.10% from the previous trading day and a Year-to-Date (YTD) return of 5.27%.

Meanwhile, the market capitalization increased by N21.61 billion.

At the close of market today, Monday 20th December 2021, the stock exchange market value currently stands at N22.12 trillion from N22.10 trillion in the previous trading day.

The market breadth closed positive as NEIMETH led 21 gainers, and 11 losers topped by CILEASING at the end of today’s session.

The stock market has advanced 2,123.99 base points since the start of the year.


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