The price movement table at the Nigerian Stock Exchange (NSE) on Friday indicated that Okomu Oil topped the losers’ chart, dropping by N5 to close at N76 per share.

The News Agency of Nigeria (NAN) reports that Dangote Cement depreciated by N1 to close at N229, while Cadbury dropped by 95k to close at N9.75 per share.

International Breweries trailed with a loss of N2.90 to close at N30.50, while Forte Oil was down by N1.10 to close at N23.40 per share.

On the other hand, Beta Glass led the gainers’ table, gaining N7.80 to close at N85.80 per share.

Seplat followed with a gain of N6 to close at N710, while Nigerian Breweries gained N3 to close at N103 per share.

Redstar Express appreciated by 30k to close at N5.75, while Zenith International Bank garnered 20k to close at N23.85 per share.

NAN noted that the market indices at the exchange lost 0.52 per cent due to low earnings declared by some quoted companies for six months ended June 30 and political uncertainties.

The All-Share Index also dipped 189.24 points or 0.52 per cent to close at 36,499.67 against 36,688.91 recorded on Thursday.

Similarly, the market capitalisation which opened at N13. 311 trillion shed N69 billion or 0.52 per cent to close at N13.322 trillion.

The volume of shares traded dropped by 16.87 per cent, while value increased by 20.68 per cent.

Specifically, investors staked N4. 26 billion on 266.40 million shares traded in 3,242 deals.

This was against a turnover of 320.45 million shares valued at N3.53 billion achieved in 3, 293 on Thursday.

NAHCO was the most active stock during the day, trading 59.60 million shares worth N235.41 million.

United Bank for Africa came second with an account of 29.37 million shares valued at N282.92 million, while Diamond Bank traded 20.22 million shares worth N24.71 million.

FBN Holdings sold 17.29 million shares valued at N172.93 million, while Niger Insurance exchanged 15.38 million shares worth N4.61 million.

http://www.akelicious.net/2018/08/okomu-oil-dangote-cement-shares.html

Nice

Good news, prices are trending down. I will still wait a little bit before I buy my sweet bank stocks to sell after the elections.

The Nigeria stock market hasn't done well since this year.

As at the close of market yesterday,
Market capitalization dropped (YTD) 2.11%
ASI dropped (YTD) 4.59%

All thanks to Booharry's poorly managed economy
Booharry, see your life

Afonjas, oyah come cry for Dangote!

Dangote all over the places. Super rich

INTEGRITYA1:
Dangote all over the places. Super rich

In your tiny afonja mind abi. Have been to SE to see industries not supported by government?

It's expected, Ibeto cement is back in the market

benben1000:


In your tiny afonja mind abi. Have been to SE to see industries not supported by government?

@Benben, what is tiny afonja mind has to do with what I said?

Do you know numbers of time Dangote's name and companies keep making news headlines within and beyond Nigeria borders?

I don't understand what your assertion has to do with what I stated.

benben1000:


In your tiny afonja mind abi. Have been to SE to see industries not supported by government?

Leave Afonja out of the matter this pain in the a*s

benben1000:


In your tiny afonja mind abi. Have been to SE to see industries not supported by government?

AroOkigbo:
The Nigeria stock market hasn't done well since this year.

As at the close of market yesterday,
Market capitalization dropped (YTD) 2.11%
ASI dropped (YTD) 4.59%

All thanks to Booharry's poorly managed economy
Booharry, see your life

ur brain dey pain u

THIS IS NO SMILING TIME FOR ALHAJI ALIKO DANGOTE

Everyday can not be your lucky day! Such is life!

Even Microsoft Bill Gates had his own bad day as far as business is concern.

As for Dangote and his Dangote Cement the slump in his business did not come as a surprise to me.

How many Nigerians have money to build houses?

Go to some of our major cities and town and see truck load of Dangote cement lying by the roadside waiting for buyers.

IT IS ALL PARTS OF THE UPs and DOWNs OF BUSINESS AND LIFE GENERALLY!

cosmatika:
It's expected, Ibeto cement is back in the market

you really think midget ibeto have the market capacity to even be a threat to dangote cement?


O di egwu

benben1000:


In your tiny afonja mind abi. Have been to SE to see industries not supported by government?

what is this one saying bikonu? ??