Dangote Cement Hits 52-Week High, Surpasses N10 Trillion
The market value of Dangote Cement Plc’s 16.873 billion shares outstanding on the Nigerian Exchange (NGX) surpassed N10 trillion on Thursday following sustained buying interest.
Traded at highest level seen in 52-week, the cement company share price rose to N599.80, up by 2.42% as more than 1.695 million valued at N1.003 billion were traded in the local bourse.
The cement company value has increased by 4.31% since the beginning of the week as investors await the release of third quarter financial scorecards.
Investors’ positive sentiment fuelled the company’s price appreciation which listed market value of Dangote Cement Plc to N10.120 trillion on Thursday.
The momentum came ahead of board meeting scheduled for October 30, 2025 where directors to discuss various matters, including the Unaudited Financial Statements for the quarter ending September 30, 2025.
The cement company announced it has entered a closed trading period effective October 1, 2025, until twenty-four (24) hours after the 2025 Q3 unaudited financial statement and relevant resolutions passed at the Board meeting are released to the public.
The closed trading period applies to all parties that may, at any time, possess sensitive information that may materially affect the price of the securities of the company. Accordingly, no insider may deal in the company’s securities during the closed trading period. Nigeria Bonds Yield Sinks to 16% on Broad-Based Demand
