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Demand for Dangote Cement, Others Lifts Stock Exchange by 2.10%

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Demand for Dangote Cement, Others Lifts Stock Exchange by 2.10%

11 May, 2026

The local stock exchange reversed the previous day’s loss, with a 2.10 per cent surge on Friday as a result of demand for large-cap equities like Dangote Cement, First Holdco and others. It was observed that apart from the insurance counter, which shed 0.37 per cent, every other sector closed higher yesterday. The industrial goods index expanded by 7.26 per cent, the banking segment increased by 3.35 per cent, the consumer goods industry rose by 0.21 per cent, and the energy sector soared by 0.14 per cent......................................READ MORE