Dangote Cement, Sterling, UBA Drive Intraday Gain
Buying interest in Dangote Cement, Sterling Bank and United Bank for Africa Plc are seeing driving intraday gain on the Nigerian Exchange (NGX) midweek.
In a statement, Ticker: Dangote Cement announces today that the company launches the second tranche of share buyback. Following the announcement, Alpha Morgan Capital said the equity market is currently trading on a bullish note.
There is a share price appreciation of 0.58% in WAPCO, UBA surges 0.62%, STERLNBANK share price spikes 1.30%, with TRANSCORP up 2.04%, and DANGCEM jumping 6.18%.
Overall, the Nigerian Exchange All Share Index is up by 1.16%, according to Alpha Morgan Capital. # Dangote Cement, Sterling, UBA Drive Intraday Gain. Read: NSE lists Greenwich Alpha equity traded fund