Dangote Cement Plunges as Investors Trim Shareholding
The market value of Dangote Cement Plc’s 16.873 billion outstanding shares in the Nigerian stock market plunged by 10% as investors exited positions on Monday.
This translates to N1.002 trillion reduction in the company’s market value due to investors’ decision to rotate out their positions in the absence of fresh catalysts to fuel a rally.
The stock market lost N1.17 trillion, which suggests that price depreciation in Dangote Cement was the key driver of reduced market capitalisation.
Trading data obtained from the Nigerian Exchange showed that the cement company share price fell to N534.60 as 537,170 units valued at N303.842 billion were executed in the local bourse.
Reflecting negative sentiment, Dangote Cement Plc has lost 19% of its market value due to investors’ decision to exit their position in successive trading activities.
The post-earnings portfolio adjustment saw investors trimming their holdings in the cement company, with market value settling at N9.02 trillion on Monday.
Dangote Cement reported that its pre-tax profit surged by 156.2% year-on-year to ₦1.04 trillion in 9M 2025, from ₦406.39 billion in 9M 2024.
Meanwhile , the cement company’s net income jumped by 166.3% year on year to ₦743.26 billion, compared to ₦279.10 billion in 9M 2024. Consequently, earnings per share (EPS) rose to ₦43.82 in 9M 2025, up from ₦16.55 in 9M 2024. Champion Breweries Rises by 11.5% Amidst Free Float Concern
