Dangote Cement - December 2013
Dangote Cement has been revealed as the most capitalised stock on the Nigerian Stock Exchange (NSE) accounting for around 27 per cent of the total market. During 2013 Dangote shares have outperformed the NSE recording growth of 52 per cent, compared to the 38 per cent return posted by the NSE All-Share Index. Earlier this month, a 10 per cent rise in the share prices of Dangote Cement Plc on one day added NGN140bn (US$870m) to the market capitalisation of the exchange boosting it from NGN12.427tn to NGN12.702tn.
