DANGOTE CEMENT HIT ₦10 TRILLION. MARKET CAPITALIZATION - MANDATE TRENDS

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Monday, January 22, 2024

DANGOTE CEMENT HIT ₦10 TRILLION. MARKET CAPITALIZATION

 


Dangote Cement Plc shares gained 9.99% Monday 22, January to close with a share price of N592.60, thus reaching a market cap of N10.095 trillion, becoming the first Nigerian company to hit the historic milestone.  


In 2024, Dangote Cement has recorded a remarkable performance in the equities market, with a year-to-date return of 85.2%, moving from a share price of N319.9 at the start of 2024 to N592.6 at the close of trading today.


The company has also recorded capital gains of N4.644 trillion, as its share price appreciated from N5.451 trillion at the start of 2024 to N10.095 trillion, as of January 22, 2024.

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