Equity transactions on the floor of the Nigerian Stock Exchange (NSE), yesterday, favoured the Dangote Cement Plc and 14 other companies listed on the nation’s bourse with N127bn gain.
The recorded profit pushed up benchmark index by 1.33 per cent as the NSE All-Share Index (ASI) appreciated 370 basis points to close at 28,209.93 absolute points, and market capitalisation, also closing higher at N9.690 trn.

While the trading session favoured the 15 gaining stocks against 14 declining ones, 10 other stocks traded and closed the session on flat prices.
The Dangote Cement Plc gained N6.79 kobo to close at N183 per share, Total Plc followed by appreciating N6.50 kobo and closing at N269 per share and Conoil Plc occupied the third position on the chart by gaining N3.59 kobo to close at N38.69 kobo per share.
Other advancing stocks included Stanbic IBTC, Oando Plc,
On the losers’ list were UAC of Nigeria Plc, which shed 78 kobo to close at N21 per share, Unilever Plc, losing 51 kobo to close at N45 per share and WAPCO Plc that lost 11 kobo in share price to close at N56.15 kobo per share.
Collectively, investors traded 231.5m shares valued at N2.488bn in 3,452 deals compared with a total of 328.2m shares worth N2.895bn that exchange hands in the previous session.

Read more at http://www.dailytrust.com.ng/news/business/dangote-14-others-gain-n127bn-on-stock/163213.html#CXSltKytaJ157LJi.99

Don't give up about this nation.. I know some believe that rich keep getting richer while the poor keeping going down but I don't believe such. I must hustle my way out. God will surely pick your call one day. Nation must be funny!




*Nairaland official comedian* *Irep042* *AbjFinestMC*

The Rich are getting richer

who dat one epp

Dangote...the rich will always get richer regardless of any goddamn recession. Hmmmm....

Good for them.

Blessings of recession..

hopesuarez:
am happy for dangote getting such a gain it fine for the progress of the ministry......,....

which ministry?
shey dangote na ur papa abi na him be d dullard at aso rock. abi how dis news take concern average nigerian

Dangote will smile again after his previous run down, it's a real blessing from recession indeed.

Why won't he when obasanjo monopolized cement production and Dangote singlehandedly doubled the price of cement from 1,300 to 2,600 for a commodity that is wholey sourced and produced in Nigeria!

Sad! We are the architects of our problems!

Does it mean that the price of cement will come down?

okies... We don hear

am happy for dangote getting such a gain it fine for the progress of the ministry......,....

Airyprince:
who dat one epp

epp me ask dem o

Pls why do I need to know this information? It's not like it will put money into my account or its not like it will solve this economic problem

Dangote me kudi

Radaradaa!

The rich are getting richer..

The poor are becoming poorer..

And Nigeria's condition is getting worse..

At this rate, This Dan go tey gaaan

Too bad the average Nigerians couldn't lay a finger on that money.

The rich keep getting, the poor?..well, the poor can go and die

When he lost money due to devaluation and Naira float...you all were here laughing at him....

Better take ur tasere money and go and invest in Dangote shares now... cos as he grows his wealth from the shares of the company.....you will also be growing ur own wealth!!!

Thank God

raker300:
Too bad the average Nigerians couldn't lay a finger on that money.

The rich keep getting, the poor?..well, the poor can go and die

good thing is he creates jobs


feeds thousands

hehe

127billion in a day? Chisos some generations life combined networth no reach half of it.
I decree and declare to whoever is seeing this post this lovely morning. AnYthing trying to stop you from making your own billions very soon may the fire that devoured those men sent to prophet elijah completely burn the destyinY blockers in your life ijn. We shall get there whether devil likes it or not. poverty in my life this is for you

Wailers, please confirm first.

Dangote is really a risk taker. Kudos to Him

DANGOTE big name

Hmmmmmmm....

So people are still trading on d NSE floor?

Thats interesting!!!

I keep saying this..some peeps are impervious to recession. It's just a word as Mrs Adeosun rightly said

Gud 1 if it will benefit d economy

HungerBAD aka Inibeghe Effiong will come here to dance.