Nigeria stock index rises 1.4% on Dangote Cement gains
Published by Joseph Green,
Editor
World Cement,
Reuters are reporting that Nigeria's stock index increased by 1.41% on 29 February, supported by investors' interest in the shares of Dangote Cement. The company accounts to a third of the local bourse capitalisation.
Dangote Cement increased 5% to 141.75 naira on expectation that the company will release a robust 2015 financial report.
The company may release its full-year results on 1 March with promise of positive dividend payment.
Edited from source by Joseph Green. Source: Reuters
Read the article online at: https://www.worldcement.com/africa-middle-east/01032016/nigeria-stock-index-rises-dangote-cement-gains-600/
You might also like
Aggregate Industries getting fired up for recycled pottery
Thousands of tonnes of broken and rejected pottery is to be recycled by Aggregate Industries to help create cement at its Staffordshire plant.