Nigeria: Investors Stake N27 Billion On Equities As Dangote Cement Lifts Market

13 December 2017

High trading in the shares of Dangote Cement Plc on Tuesday lifted the overall value of transactions at the equities market by 445.4 per cent to N26.809 billion invested in 462.670 million shares, from N4.915 billion staked on 350.595 million shares the previous day. Dangote Cement accounted for 86 per cent of the transaction value as it recorded N25 billion invested in 95.478 million shares.

In all, the market rebounded rising by a marginal 0.03 per cent after declining the first trading day on profit taking. The Nigerian Stock Exchange (NSE) All-Share Index (ASI) closed higher at 38,924.63, while market capitalisation ended at N13.56 trillion.

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