Dangote Cement Stock Lifts Market Capitalization by N165billion


The massive gain recorded in the share of Dangote Cement Plc at the end of trading on Monday, February 7, pushed equity market value by N165 billion.

The gain posted by the giant cement manufacturer alone  overrode N163 billion upsurge in 16 other stocks.

At the end of trading, the market closed in the green zone as market capitalization leaped by N163 billion to close at N8.246 trillion from N8.083 trillion it opened.

Market turnover closed negative as volume declined by 65.67 per cent against 79 per cent decline recorded in the previous session.

Leave a Reply