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Nairaland Forum / Nairaland / General / Business / Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading (14379 Views)
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Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by References1: 4:01pm On Jul 26 |
Dangote Cement Plc, the most capitalized stock on the Nigerian Exchange (NGX), recorded a 9.99% decline on the NGX today, resulting in a N1.12 trillion loss in its market value. https://nairametrics.com/2024/07/26/dangote-cements-sheds-n1-12-trillion-in-market-value-drags-stocks-to-its-second-worst-trading-day-of-the-year/?fbclid=IwZXh0bgNhZW0CMTEAAR3Svbo2DnGkywQb6qGyR6KODrUeqFtLJepRMyPu4L0zMT2DTnonNSVrDik_aem_uCB1A4YkqtnUKPTGlRJQVQ 3 Shares
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Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by Cyberstyle: 4:22pm On Jul 26 |
Effect of too much pressure 5 Likes 2 Shares |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by Abujaexpress: 4:22pm On Jul 26 |
What do you expect when agents of government are fighting investors for selfish reasons 62 Likes 2 Shares |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by NlGERlA: 4:23pm On Jul 26 |
Hmm |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by PrettyRX: 4:23pm On Jul 26 |
Due to poor fx ![]() Imagine small/medium enterprises surviving 6 Likes |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by C2Ok: 4:23pm On Jul 26 |
Na only burna boy predict this thing when e talk say dangote still Dey find money 😂💔 44 Likes |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by hollaryincar(m): 4:23pm On Jul 26 |
Wahala |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by ClearFlair: 4:23pm On Jul 26 |
Competence is not to be joked with. Lessons are been learnt. 9 Likes |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by kehinde1365(m): 4:23pm On Jul 26 |
Ok 1 Like |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by tishbite42: 4:23pm On Jul 26 |
Dangote don see excess shege 😂🤣😂🤣🤣 The rich also cry Hope Tinubu won't do to him what Putin did to Khodorsky 12 Likes 1 Share |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by Beremx(f): 4:23pm On Jul 26 |
Tinubu and sons are taking over Dangote cement soon. It's getting there slowly. Dangote must lead the protest 47 Likes 4 Shares
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Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by Anthony0094(m): 4:23pm On Jul 26 |
my own is that dz dis new minimum wage no buy one bag of rice 11 Likes 1 Share |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by ChrisblaOffurum: 4:24pm On Jul 26 |
wahala ![]() ![]() ![]() |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by SheikhMuniru(m): 4:24pm On Jul 26 |
They want to finish this man's business patapata 1 Like |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by doyin01: 4:24pm On Jul 26 |
Maybe some people on nairaland were born just recently..... ![]() 50 Likes 3 Shares |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by amazingspiderma: 4:24pm On Jul 26 |
There is saying in wall street. When America sneeze, the rest of the world catches cold. If Dangote is complaining then we should all be crying. 12 Likes |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by Barteze: 4:24pm On Jul 26 |
Cyberstyle:What's good about it? |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by daveP(m): 4:25pm On Jul 26 |
Elephant don fight and trumpet. Na grass dey suffer. |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by Helpfromabove1(m): 4:25pm On Jul 26 |
Dangote too don Dey collect from left and right U go explain tire 1 Like |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by chidiakwari: 4:25pm On Jul 26 |
They are really plotting Dangote’s downfall. |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by Viscuz: 4:26pm On Jul 26 |
The cocaine snorting pig turned dangote to a tik tok podcast master 2 Likes
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Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by sofeo(m): 4:26pm On Jul 26 |
It's well with Dangote. 1 Like |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by Tonytonex(m): 4:27pm On Jul 26 |
References1:wickedness is not good. What you sow is what you reap. 2 Likes 1 Share |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by ppogba: 4:27pm On Jul 26 |
Who told the idiot that wrote this DANGOTE market value lost N1.1Trilliin just by losing 10 percent during a trading day? The level of ignorance on this platform is sickening to be honest. 11 Likes |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by Toosure70: 4:29pm On Jul 26 |
Hmmm |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by ppogba: 4:29pm On Jul 26 |
The market as a whole did not and cannot lose N1 Trillion in a day. If you have no knowledge, please keep your comment to yourself. 12 Likes |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by bennynaza(m): 4:30pm On Jul 26 |
As much as I don't have a lot of sympathy for dangote given that he richly profited from government favouritism in the past to the detriment of other investors and businesses, leading to his near monopoly of most markets and commodities, I still will wish the government isn't treating his businesses this way, not for his sake, but for the country. For one, it sends a wrong signal to other potential investors. But more importantly, the monopoly he has enjoyed over the years means his businesses and products has a lot of influence on the everyday market and commodities. So hurting his business will hurt the economy and cause inflation as we don't have a lot of viable local alternatives 14 Likes 1 Share |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by JavaKonjo: 4:31pm On Jul 26 |
![]() |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by freakyavia: 4:31pm On Jul 26 |
I foresee the presence of dangote in the up coming protest ![]() ![]() ![]() ![]() 3 Likes |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by Tonytonex(m): 4:31pm On Jul 26 |
chidiakwari:who are the they? |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by givedemwotowoto: 4:32pm On Jul 26 |
Tinubunomics! |
Re: Dangote Cement Sheds N1.12 Trillion, Drags Stocks To Its Second-worst Trading by mytime24(f): 4:32pm On Jul 26 |
This regime will favour me and my family 4 Likes 1 Share |
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