At the end of today’s trading session, Dangote Cement Plc investors had accrued around N293 billion due to the favorable sentiment observed on shares of certain blue-chip firms listed on the Nigerian Exchange.
Investigations showed that the stock rose from N221.30 per share the day prior by 7.77% to N238.50 per share.
According to further analysis, Dangote Cement concluded the day on the Nigerian Stock Exchange (NGX) at N238.50 per share and N4.064 trillion in market capitalization, compared to N221 per share and N3.771 trillion the previous day, marking a gain of N293 billion or 7.77%.
The domestic Bourse (NGX), on the other hand, finished positively while the market was optimistic, with bulls dominating the activity for the second consecutive day.
In contrast to the previous day, when it closed at 43,477.48 index points, the All-Share Index (ASI) rose by 1.07% to finalize at 43,942.82 index points. Likewise, the overall market capitalization increased by N253 billion or 1.07% to reach N23.934 trillion, in comparison to N23.681 trillion the day before.
Although there were 16 decliners and 15 advancers, the market breadth turned out to be negative. Julius Berger led the decliners with a drop of 9.81%, while MRS Oil Nigeria Plc topped the advancers with an increase of 9.83%.
Market Indices
- NGX ASI: 43,942.82 points
- Previous ASI: 43,477.48 points
- % Day Change: 1.07%
- % Y-t-D: 2.87%
- Market Cap (N): 23.934 trillion
- Volume: 406 million
- Value (N): 3.09 billion
- Deals: 3,188
NGX Top ASI Gainers
- MRS up +9.83% to finish at N12.85
- CURTIVILLE up +8.70% to finish at N0.50
- UNITY BANK up +8.33% to finish at N0.52
- DANGOTE up +7.77% to finish at N238.50
- MUTUAL BENEFIT up +3.70% to finish at N0.28
NGX Top ASI Losers
- JULIUS BERGER down – 9.81% to finish at N21.15
- CADBURY down – 9.69% to finish at N10.25
- PRESTIGE down –9.52% to finish at N0.38
- MULTIVERSE down – 9.41% to finish at N3.85
- WAPIC down –5.71% to finish at N0.33
Top 3 by Volume
- STERLING BANK – 171,154,541
- ACCESS HOLDINGS – 78,765,207
- GTCO – 23,877.561
Top 3 by Value
- AIRTEL – N700,250,900
- ACCESS HOLDINGS-634,062,309
- GTCO- N420,269,18
