The stocks included in this classification are Airtel Africa, Bua Cement, Dangote Cement, Bua foods and MTNN Plc.
However, today’s performance was negative as the losses recorded in AIRTELAFRI (-10.00%), SOVRENINS (-7.14%), AIICO (-7.02%), DANGSUGAR (-2.80%) and FIDSON (-2.51%) offset the gains printed in PZ (+9.52%), UPL (+9.33%), COURTVILLE (+4.35%), CUTIX (+3.50%) and MANSARD (+2.86%
GTCO, with positive 1.12 percent was the most actively traded stock with about 33 million units of shares worth about N610 million.
On the SWOOTs stock Performance, Bua Cement Plc – N56.60.
The company’s share price appreciated by 8.85% at the end of the trading week while its market cap stood at N1.92 trillion from N1.76 trillion losing a total of N155.78 billion.
MTNN Plc – N199.00
MTNN Plc’s share price, at the end of the trading week, appreciated by 0.40% to close at N199.00 per share.
MTNN Plc, according to the online platform is the third-most capitalized company on the Nigerian Exchange Limited (NGX).
Airtel Africa Plc – N1,800.00
Airtel Africa Plc’s share price was down by 10% to stand at N1800.00 from N2,000.00 at the end of the trading week. Its market capitalization also fell from N7.52 trillion to a valued N6.76 trillion this week.
The profit after tax for the period also appreciated significantly by 25.3% from $142 million in 2020 to $178 million.
Dangote Cement Plc – N245.00
Dangote Cement Plc’s share price was unchanged at N245.00 at the end of the trading week.
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The H1 2022 financial result revealed a profit of N172.10 billion, representing a 33.83% increase Y-o-Y. Meanwhile, revenue for the period stood at N808.04 billion, a 17.01% increase from the corresponding period of 2021.
BUA Foods Plc– 58.3
BUA Foods Plc share price remained unchanged at the end of the trading week. Its market capitalization also remained at N1.05 trillion. BUA Food posted a net profit after tax of N39 billion in H1 2022, a 13.7% increase from the N34.56 billion in H1 2022. Turnover for the period was N168.85 billion from N151.73 the same period last year.