Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,165,283 members, 7,860,663 topics. Date: Friday, 14 June 2024 at 01:57 PM |
Nairaland Forum / Nairaland / General / Business / Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion (5221 Views)
NBL Records N19 Billion Profit In 2018 / Dangote Cement Obajana Hit By Fire Disaster / Bank Mistakenly Credited A Zimbabwean Student's Account With N19.4M (2) (3) (4)
Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by BrandSpurNG: 7:10am On Oct 11, 2019 |
High speculation in the shares of Dangote Cement Plc recently raised the volume and value of transactions at the stock market notwithstanding the continued dominance of the bears. The volume and value of trading rose by 49.5 per cent and 290 per cent respectively, to 363.2 million shares worth N19 billion. Dangote Cement Plc estimated 114.7 million shares valued at N16.6 billion. Despite the high market turnover, the Nigerian Stock Exchange (NSE) All-Share Index fell by 0.06 per cent to close at 26,583.75, while the market capitalisation shed N7.4 billion to close at N12.9 trillion. The market has remained bearish as investors adopt cautious trading awaiting major stimulus and corporate earnings report for the third quarter. Year-to-date, the market has declined by 15.4 per cent. A total of 15 stocks lost value yesterday while only eight appreciated. WAPIC Insurance Plc led the price losers with 8.5 per cent, followed by Linkage Assurance Plc with 7.8 per cent. Custodian Investment Plc shed 5.8 per cent, while Honeywell Flour Mills Plc and Royal Exchange Plc went down by 5.0 per cent and 4.7 per cent respectively. Cutix Plc and Ecobank Transnational Incorporated depreciated by 3.21 per cent and 2.6 per cent in that order. Fidson Healthcare Plc, which recently paid a dividend of 15 kobos per share to shareholders was also among the price losers, going down by 1.3 per cent. The Chairman of the company, Mr Segun Adebanji, told shareholders that the company would continue to strengthen its operating facility with fashion and retooling. He said through capital injections, business re-alignment and useful industry alliance/collaborations, the board and management are poised to reposition the business in order to take advantage of the growth opportunities in the market. He also stated that the company’s capital structure received attention in the form of lowering the gearing level as they believe this would impact positively on the company’s profitability as the future remains bright. “We are currently expanding our capacity utilization through increased production and contract manufacturing for other notable companies in the industry,” Adebanji said. Meanwhile, Learn Africa Plc led the price gainers with 9.8 per cent, trailed by Livestock Feeds Plc with 9.3 per cent. United Capital Plc chalked up 7.5 per cent, while Associated Bus Company Plc garnered 5.2 per cent. Wema Bank Plc and FBN Holdings Plc gained 3.4 per cent and 0.9 per cent respectively. SOURCE:https://brandspurng.com/2019/10/11/dangote-cement-leads-as-trading-rate-increases-290-to-n19-billion/ 2 Likes
|
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by PureGoldh(m): 8:43am On Oct 11, 2019 |
Dangote is a blessing to Nigeria He alone makes available jobs for thousands of Nigerians. The bigger him I pray 4 Likes 1 Share |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by Nigeriabiafra80: 7:23am On Oct 13, 2019 |
Hm was that why FG closed BUA terminal 3 Likes 3 Shares |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by khallebb(m): 7:24am On Oct 13, 2019 |
I love Dangote 2 Likes 1 Share |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by MANNABBQGRILLS: 7:24am On Oct 13, 2019 |
Cool enough 2 Likes 3 Shares |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by 2extremes(m): 7:25am On Oct 13, 2019 |
1 Like |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by Dpharisee: 7:25am On Oct 13, 2019 |
290% is the rate of increase you get when the FG creates a near monopoly for a business man and running off competitors from the market. 4 Likes 1 Share |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by Movicq(m): 7:27am On Oct 13, 2019 |
I’m bck 1 Like
|
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by Whatacountry: 7:28am On Oct 13, 2019 |
Richest man in Africa yet self centered. What was his contribution in helping the South Africa returnees? If he was a whiteman. He would have done more for his people. Smh vanity 1 Like |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by helinues: 7:29am On Oct 13, 2019 |
And Mr Bode was asking why they are advertising with international medias? 1 Like 1 Share |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by Nobody: 7:29am On Oct 13, 2019 |
Cement is still N2700 when will BUA, Ashaka, Ibeto & the reSt come in and craSh it to Under N2000 make boys start build house for their Mama 1 Like 1 Share |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by Dozie32(m): 7:31am On Oct 13, 2019 |
Sir Dangote, more grease to your elbow. What you wish others will definitely come to you. 3 Likes 1 Share |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by naijadrivablog: 7:33am On Oct 13, 2019 |
Ibeto, where are you |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by frowland(m): 7:34am On Oct 13, 2019 |
2extremes: Go to your family, I think it will be much easier. |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by Nobody: 7:34am On Oct 13, 2019 |
[s] Whatacountry:[/s] Which stupid white men are you talking about? The ones that plundered Africa and India for many years or the ones that keep on invading Nations for their selfish interest? 2 Likes 1 Share |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by WonderManly(m): 7:35am On Oct 13, 2019 |
Congrats to Mr money. The one and only Dangote!
|
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by Afamed: 7:40am On Oct 13, 2019 |
Nigeriabiafra80:Alarmist! When and where was BUA closed? |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by WowSweetGuy(m): 7:40am On Oct 13, 2019 |
Dangote enjoy ur FG favour 1 Like |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by Lanre4uonly(m): 7:42am On Oct 13, 2019 |
That's good. |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by dotedote: 7:52am On Oct 13, 2019 |
nateDZA: Now #2400. I bought yesterday in Otta Ogun State. |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by donprinyo(m): 8:18am On Oct 13, 2019 |
Just wish dis guy will just tell us he wants to buy dis country so dat i will get my share and get out |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by Nigeriabiafra80: 10:09am On Oct 13, 2019 |
Afamed:seems you just subscribe Portharcourt |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by Ekeke1(m): 10:38am On Oct 13, 2019 |
In Abuja Dangote cement sales for 2350-2500 |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by Afamed: 10:39am On Oct 13, 2019 |
Nigeriabiafra80:Is that the response to the question? |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by passyhansome(m): 11:37am On Oct 13, 2019 |
Sanwolu is using it to construct Barricade on Lagos road, governor wey mumu 1 Like |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by Lindseyrd: 12:50pm On Oct 13, 2019 |
Dpharisee: FG creates a near monopoly is a very lazy and myopic argument.If you run your enterprise efficiently enough with good business discipline and if your competitors are reckless to run themselves out of business,you will get blamed for that of their stupidity ! Government awarded licenses to establish refineries to 9 companies in different locations and for 13 years nothing got done and I’m sure when Dangote starts those lazy ones will be crying of monopoly. 3 Likes 1 Share |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by Ajibade123(m): 3:27pm On Oct 13, 2019 |
This Dangote sha.... anyway see how you can overcome business stress https://explicitsuccess.com/dealing-with-entrepreneurial-stress/ |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by LocalNietzsche: 4:01pm On Oct 13, 2019 |
Dpharisee:Preach Bro!!!! |
Re: Dangote Cement Leads As Trading Rate Increases 290% To N19 Billion by SayginSA: 5:36pm On Oct 13, 2019 |
Whatacountry:because he is intelligent enough to know,that thugs should not helped after they got in trouble. Also he love South Africa way more than Nigeria. |
(1) (Reply)
What Is Session ID In Bank? / Binary Options Brokers-pls Suggest Any / I Am Searching For Suppliers To Distribute Their Products
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 26 |