• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
Nairametrics
No Result
View All Result
Home Markets

SWOOTs capitalization up by N156 billion

Zainab Iwayemi by Zainab Iwayemi
October 16, 2022
in Markets, Stock Market
swoot
Share on FacebookShare on TwitterShare on Linkedin

The combined market capitalization of stocks worth over one trillion (SWOOTs) appreciated by 0.83% to close at N18.92 trillion from N18.76 trillion the previous week, reflecting a profit of N155.78 billion. Stocks included in this classification are Airtel Africa, Bua Cement, Dangote Cement, Bua foods and MTNN Plc.  

Stock Performance

  • Bua Cement Plc – N56.60
    Bua Cement’s share price appreciated by 8.85% at the end of the trading week while its market cap stood at N1.92 trillion from N1.76 trillion losing a total of N155.78 billion. 

    The company’s H1 2022 financial report revealed revenue of N188.56 billion, reflecting a growth of 51.72% from N124.28 billion in 2021. Similarly, profit after tax increased by N17.97 billion, reflecting a 41% increase from N43.40 billion recorded in the corresponding period of 2021, to N61.36 billion in the current period.

  • MTNN Plc – N199.00
    MTNN Plc’s share price, at the end of the trading week, appreciated by 0.40% to close at N199.00 per share. Its market capitalization closed at N4.05 trillion at the end of the trading sessions of the week. As a competitor of Airtel Nig Plc, MTN’s total market capitalization is N2.71 trillion lower than Airtel Africa’s current market value.

    MTNN Plc is the third-most capitalized company on the Nigerian Exchange Limited (NGX). The company released its H1 2022 financial result, reflecting a 20.07% growth in revenue for the period, while profit after tax grew significantly by 28.06% from N141.82 billion in H1 2021 to N181.62 billion in the current period.

  • Airtel Africa Plc – N1,800.00
    Airtel Africa Plc’s share price was down by 10% to stand at N1800.00 from N2,000.00 at the end of the trading week. Its market capitalization also fell from N7.52 trillion to a valued N6.76 trillion this week.Airtel Africa Plc ended the week as the most capitalized company on the exchange once again, leading the SWOOTS strongly, with MTNN, its competitor, the third-most capitalized stock, far behind. 

    The telecom giant released its Unaudited Financial Statement for the quarter that ended June 2022 revealing a 13% growth in revenue from $1.11 billion in 2021 to $1.26 billion in the current period. 

    RelatedStories

    Stock market kicks off September in the red: ASI slips 0.15% amid declining trading volume 

    Nigeria’s second-largest stock falls over 6% as ASI halts winning streak; Unilever shines 

    June 27, 2025
    cement sales, MAN

    Analysts upgrade Dangote Cement’s 2025 sales forecast to N4.2 trillion, recommend target price for investors 

    June 24, 2025

    The profit after tax for the period also appreciated significantly by 25.3% from $142 million in 2020 to $178 million.

  • Dangote Cement Plc – N245.00 
    Dangote Cement Plc’s share price was unchanged at N245.00 at the end of the trading week. The company, which is a competitor of Bua Cement Plc and Wapco Plc, and the most capitalized cement producer on the NGX, has a total Market capitalization of N4.17 trillion as at market close this week. 

    Dangote Cement Plc is currently the second most-valued company quoted on the exchange and makes up roughly 22% of the total market capitalization of all the stocks worth over one trillion. 

    The H1 2022 financial result revealed a profit of N172.10 billion, representing a 33.83% increase Y-o-Y. Meanwhile, revenue for the period stood at N808.04 billion, a 17.01% increase from the corresponding period of 2021.

  • BUA Foods Plc– 58.3
    BUA Foods Plc share price remained unchanged at the end of the trading week. Its market capitalization also remained at N1.05 trillion. BUA Food posted a net profit after tax of N39 billion in H1 2022, a 13.7% increase from the N34.56 billion in H1 2022. Turnover for the period was N168.85 billion from N151.73 the same period last year.   
Tags: Airtel AfricaBUA FoodsDangote cementMTNN
Zainab Iwayemi

Zainab Iwayemi

For further inquiries about this article, contact: Email: zainab.iwayemi@nairametrics.com Twitter: @IwayemiZainab LinkedIn: Zainab Iwayemi

Related Posts

Stock market kicks off September in the red: ASI slips 0.15% amid declining trading volume 
Equities

Nigeria’s second-largest stock falls over 6% as ASI halts winning streak; Unilever shines 

June 27, 2025
cement sales, MAN
Equities

Analysts upgrade Dangote Cement’s 2025 sales forecast to N4.2 trillion, recommend target price for investors 

June 24, 2025
Tetracore and Dangote Cement boost partnership to expand CNG Autogas Network with commissioning of new mobile refueling units in Phase II rollout
Companies

Tetracore and Dangote Cement boost partnership to expand CNG Autogas Network with commissioning of new mobile refueling units in Phase II rollout

June 10, 2025
MTN Group, Airtel Africa sign agreements to share network infrastructure in Nigeria and Uganda 
Financial Analysis

Data boom: Airtel and MTN set for profit surge in 2025 

June 9, 2025
 Dangote Cement rewards distributors, customers with CNG-Trucks, cash gifts worth N11 billion 
Companies

 Dangote Cement rewards distributors, customers with CNG-Trucks, cash gifts worth N11 billion 

May 29, 2025
IHS Nigeria, Airtel Nigeria
Breaking News

Airtel tops daily advancers as ASI attains N70 trillion cap, shatters 110,000-barrier 

May 27, 2025
Next Post
Kwasi Kwarteng

Weep Not for Kwasi Kwarteng

Leave a Reply Cancel reply

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

Emple
nlng
first bank








DUNS

Recent News

  • Abia Govt secures $263.8 million from AfDB, IsDB for road, erosion, and waste management projects 
  • EFCC secures jail term, forfeiture of N653 million from traveller who concealed cash at Kano Airport 
  • FG adopts front-of-pack labelling to tackle diet-related diseases and cut NCD deaths

Follow us on social media:

Recent News

AfDB, AI

Abia Govt secures $263.8 million from AfDB, IsDB for road, erosion, and waste management projects 

July 16, 2025
EFCC secures jail term, forfeiture of N653 million from traveller who concealed cash at Kano Airport 

EFCC secures jail term, forfeiture of N653 million from traveller who concealed cash at Kano Airport 

July 16, 2025
  • iOS App
  • Android App
  • Contact Us
  • Home
  • Markets
  • Sectors
  • Economy
  • Business News
  • Financial Literacy
  • Disclaimer
  • Ads Disclaimer
  • Copyright Infringement

© 2025 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Economy
    • Nairalytics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Business News
    • Budget
    • Public Debt
    • Funds Management
    • Tax
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
    • Research Analysis
  • Recapitalization
    • Access Holdings Offer
    • Fidelity Bank Offer
    • GTCO Offer
    • Zenith Bank Offer
  • Login
  • Sign Up

© 2025 Nairametrics