Nigerian Stocks Start Week On A High, As Dangote Cement Tops Gainers Chart

Nigerian stocks closed today on a positive as the All Share Index (ASI) appreciated by 1.41% to close at 24,570.73.
Dangote Cement ended up as the highest gainer, as its share price rose by 5% to close at N141.75. A source confirmed to Reuters that the company is expected to release its 2015 full-year financial results on Tuesday, and investors are anticipating a high dividend payout.

Here is a snapshot of trading today:

ASI: 24,570.73

DEALS: 2,549

VOLUME: 467,239,221

VALUE: 1,489,323,059.42

CAP: 8,452,457,054,605.99

Here are the top gainers for the day:

DANGCEM gained 5% to close at N141.75.

ETI gained 4.95% to close at N16.75.

FIDSON gained 4.92% to close at N2.56

MOBIL gained 4.65% to close at N156.97

TIGERBRANDS gained 4.55% to close at N1.38

LIVESTOCK gained 4.39% to close at N1.19

MAYBAKER gained 4.26% to close at N0.98

AFRIPRUD gained 3.91% to close at N2.66

STERLINGBANK gained 3.53% to close at N1.76

CONTINSURE gained 3.33% to close at N0.93

Here are the top losers for the day:

WEMA BANK lost 7.29% to close at N0.89

OANDO lost 7.19% to close at N2.97

IKEJAHOTEL lost 4.97% to close at N2.87

CONOIL lost 4.96% to close at N17.43

DANGSUGAR lost 4.91% to close at N5.23

HONYFLOUR lost 4.32% to close at N1.33

ETERNA lost 4.21% to close at N1.82

MANSARD lost 4.10% to close at N1.87

FCMB lost 3.80% to close at N0.76

FIDELITYBK lost 3.51% to close at N1.10