Nigerian stocks ended today’s trading on a positive as the All Share Index (ASI) was up 1.09% to close at 24,838.11, although this was lower than the 1.41% it closed yesterday to close at 24,570.73. The market was boosted by gains from TigerBrands, Oando, and Dangote Cement to name a few.
Dangote Cement earlier released its 2015 financial results which showed revenue rise by 25.6% to ₦491.7B as new plants perform strongly across Africa, while Earnings per share was up 15.2% to ₦10.86 and Dividend increased by 33.3% to ₦8.0 per share at 73.7% payout ratio.
Here is a snapshot of today’s trading:
ASI: 24,838.31
DEALS: 3,080
VOLUME: 159,735,603
VALUE: 1,100,959,721.07
CAP: 8,544,505,954,999.50
Here are the top gainers for the day:
TIGERBRANDS gained 9.42% to close at N1.51
OANDO gained 5.72% to close at N3.14
DANGCEM gained 4.99% to close at N148.83
PZ gained 4.98% to close at N22.99
ETI gained 4.96% to close at N17.58
FIDELITYBK gained 4.55% to close at N1.15
UCAP gained 4.51% to close at N1.39
BOCGAS gained 4.22% to close at N3.95
NEM gained 4.17% to close at N0.75
UBA gained 3.47% to close at N2.98
Here are the top losers for the day:
FO lost 9.75% to close at N308.66
CONOIL lost 4.99% to close at N16.56
UNITYBNK lost 4.48% to close at N0.64
MANSARD lost 3.74% to close at N1.80
UNILEVER lost 3.45% to close at N28
WAPCO lost 3.40% to close at N81.65
HONYFLOUR lost 3.01% to close at N1.29
STERLINGBANK lost 2.84% to close at N1.71
AIICO lost 2.50% to close at N0.78
FCMB lost 1.32% to close at N0.75
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