Dangote Cement sees biggest gain in 4 years as MTN share scarcity persists

Stock market kicks off new trading month in green

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Dangote Cement Plc, the biggest company on the Nigerian Stock Exchange (NSE) by market capitalization, recorded its biggest gain in over four years.

The stock rose by 9.73 percent to close at N203 on Wednesday, the biggest gain recorded by the cement giant at the domestic bourse since April 1, 2015

Since the listing of MTN Nigeria on the NSE on Thursday, many investors have been unable to purchase the shares of the telecoms company.

 

Oluwasegun Olakoyenikan



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