Dangote’s NASCON hits record N25.1 billion half-year revenue but profit slows
Rising by 5.8 per cent, net profit was N1.5 billion.
Rising by 5.8 per cent, net profit was N1.5 billion.
NASCON also announced the approval of the re-elections of Halima Aliko-Dangote, ‘Yemisi Ayeni and Fatima Wali-Abdurrahman as directors.
Zenith Bank, Honeywell and UPDC contributed most to the uptrend at individual stock level.
The all-share index and market capitalisation climbed by 1.47 and 1.49 per cent in that order.
The index is down by 4.44 per cent year to date.
NASCON makes our list on account of its strong financial performance for 2020, which saw a 45.8 per cent advance ...
The consumer goods sector was worst hit by the downtrend of the five sectorial indices as it slid by 0.62% ...
Market breadth was significantly positive as 49 equities emerged compared to seven losers.
Year to date, the index is up by 0.06 per cent.
The market capitalisation shed N16 billion to close at N12.868 trillion against N12.884 trillion.
The All Share index lost 98.45 points or 0.36 per cent to close lower at the mark.
The market capitalisation shed N22 billion to close at N13.450 trillion in contrast with N13.472 trillion on Friday.
The All-Share Index rose by 30.20 points or 0.11 per cent to close at 27,748.46 against 27,718.26 on Wednesday.
The All Share Index, which opened at 29,375.25, lost 75.16 points or 0.26 per cent to close at 29,300.09.
The market capitalisation, which opened at N10.953 trillion, shed N1 billion to close at N10.952 trillion.
Dangote Cement recorded the highest price gain with N6 to close at N206 per share.
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