Dangote shareholders gain N293 billion as stock market extends gains
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 previou...