BREAKING: Dangote Cement demand cap hits N6.15 trillion to become the most capitalized commodity on NGX

Dangote Cement stock has become the most capitalized on NGX as market capitalization hits N6.15 trillion as investors react positively to the company’s statement of the Tranche I shares buyback program.

The share price of the cement giant gained 9.27% to close trading today at N360.7 per share with a market capitalization of N6.15 trillion.

Dangote Cement has now surpassed MTN Nigeria, previously the most capitalized stock with N5.66 trillion.

The reason behind the stock conference

Recollect that Nairametrics reported that Dangote Cement Plc had announced the commencement of the Tranche I shares buyback program.

Edited by Damilola Adeleke