Sales in the Nigerian stock market triggered a $ 622 billion loss in the market capitalization of cement companies since early February as cautious investors were dumped.
An analysis of the performance of cement stocks on NSE revealed that the market capitalization of Dangote, BUA, is Lafarge from the opening of trading on February 1st until the close of trading activities on February 22nd it decreased from N7.18 trillion to N6.56 trillion.
How they fell
Dangote Cement decreased from N4.02 trillion to N3.75 trillion. However, BUA Cement’s market cap also decreased from N2.68 trillion to N2.44 trillion, while that of Lafarge decreased from N483 billion to N371 …
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