Nairametrics
  • Home
  • Exclusives
    • Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Ranking & Reviews
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • General News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Ranking & Reviews
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • General News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Industries Manufacturing

Industrial Index gains 55.01 points, as BUA and DANGOTE Cement shares top gainers list

Omokolade Ajayi by Omokolade Ajayi
March 28, 2021
in Manufacturing, Markets, Stock Market
Manufacturing: Momentum in activities slows in January, CBN’s forex intervention has encouraged influx of raw materials - Manufacturers , Manufacturing: Activity level slumps on COVID-19
Share on FacebookShare on TwitterShare on Linkedin

The Nigerian Stock Exchange Industrial Index at the close of trading activities for the fourth week in the month of March closed on a bullish note at the back of 5.08% increase in the shares of BUA CEMENT and 2.27% increase in Dangote Cement shares.

At the close of trading activities on the Nigerian Stock Exchange on the 26th March 2021, the industrial index improved by 55.01 index points, to close higher at 1,928.18 index points for the week.

When compared to the overall performance of the market, the NSE Industrial index performed better than the NSE All-Share Index and the market capitalization. Note that the NSE All-Share Index and Market Capitalization appreciated by 2.17% to close the week at 39,216.20 and N20.518 trillion respectively.

READ: NSE Consumer goods index expands by 2.18%, printing first gain in 6 weeks

What you should know

The NSE Industrial Index was designed to provide an investable benchmark to capture the performance of the Industrial Sector. It comprises the most capitalized and liquid companies in the industrial sector and is based on the market capitalization methodology.

The index monitors the performance of ten industrial companies on the Nigerian Stock Exchange which includes Dangote, BUA, and Lafarge Cement.

The overall performance of the companies for the week was bullish, as the index closed on a positive note driven by the increase in the share price of BUA Cement.

BUACEMENT (5.08%) was the top gainer for the week, followed closely by CAP (5.00%) and DANGCEM (2.27%), while LAFARGE WAPCO was the only loser for the week.

GAINERS

  • BUACEMENT up by 5.08% to close at N73.50.
  • CAP up by 5.00% to close at N21.00.
  • DANGCEM up by 2.27% to close at N225.00.

LOSER

  • WAPCO down by -4.87% to close at N21.50.

Related

Tags: INDUSTRIAL INDEXNigerian Stock Exchange

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Access Bank
Bankers Committee
Flowmono

Bfpeer
Mega Millions
FCMB
Ikeja Electrics
Zenith CEX
Kwakol Markets
First bank





    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Microsoft’s update to Windows 11 offers new exciting features 
    • 5 ways to reduce your recruitment costs without compromising the quality of your hires
    • Expert says remote working, automation of manual processes, others are new normal in Nigeria

    Follow us on social media:

    Recent News

    Microsoft advises users to uninstall Windows 11 update

    Microsoft’s update to Windows 11 offers new exciting features 

    May 22, 2022
    Asking the right questions at the end of an interview

    5 ways to reduce your recruitment costs without compromising the quality of your hires

    May 22, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Ranking & Reviews
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • General News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com