Dangote Cement Plc share price rise by 6.53%, gain N272.65 bn
Dangote Cement Plc share price rise by 6.53%, gain N272.65 bn
… On top gainers list as NGX market capitalization gains N382.06bn
Buy-interests in Dangote Cement Plc shares today led to a gain of N272.65 billion in market value as positive sentiments around the shares of the cement maker triggered a 6.53% growth in share price at the close of trading activities on the Nigerian Stock Exchange.
At the close of the market today, data revealed that the shares of DANGOTE CEMENT appreciated from N245.00 per share at the start of trading day, to N261.00 per share at the close of the market today, reflecting a growth of 6.53%.
This saw the market capitalization of the leading cement maker appreciate from N4.17 trillion to N4.45 trillion at the close of trading activities today, putting the total market value gained at N272.65 billion.
At the current price, the shares of Dangote Cement Plc is currently trading at its 52-week high, at N261.00 per share. However, the shares of the company have returned about 90.51% gains for investors who bought them at their 52-week low trading price of N137.00 per share.
Year-to-date however, Dangote Cement Plc share price has appreciated by 6.57%. During today’s trading hours, 1,213,624 ordinary shares worth about N307.34 million, were exchanged in 68 executed deals.
In comparison, the shares of Wapco Plc appreciated 0.66% to close at N22.75, while BUA Cement Plc closed flat at N66.00 per share, at the end of today’s trading session.
At the close of trading activities today, the NGX All-Share Index and Market capitalization appreciated by 1.89% to close at 39,529.29 index points and N20.63 trillion respectively.
The NGX Industrial Goods Index appreciated by 1.78% to close the day at 1,224.72 index points.
At the end of today’s trading session, the Nigerian Exchange market closed positive amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI) appreciated by 189 basis points, while the market capitalization increased by N382.06 billion. The NGX ASI closed at 39,592.29 points, to reflect a gain of 1.89% from the previous trading day.
At the close of market today, Wednesday, 29th September 2021, the stock exchange market value currently stands at N20.63 trillion from N20.25 trillion in the previous trading day. Its Year-to-Date (YTD) return, however, is currently settled at –1.68%.
The market breadth closed positive as NNFM led 24 Gainers, and 14 Losers topped by JBERGER at the end of today’s session.
