Dangote Cement Jumps 10% to N1,222.10 as NGX Gains N2.64 Trillion

Dangote Cement Plc shares jumped 10 p.c to N1,222.10 on Monday because the Nigerian equities market added roughly N2.64 trillion in market worth.

The cement firm’s share worth rose by N111.10 from its earlier shut of N1,111, making it the strongest-performing peculiar fairness among the many securities reported on the Nigerian Exchange on October 26, 2026.

The rally coincided with a pointy rebound within the broader equities market, with the NGX All-Share Index advancing 1.65 p.c to 251,290.54 factors.

The benchmark index gained 4,068.27 factors from 247,222.27 factors on the finish of the earlier buying and selling week.

Equities market capitalisation equally elevated from N160.519 trillion to N163.161 trillion, including roughly N2.642 trillion in a single buying and selling session.

The advance reversed the weak spot recorded within the earlier week, when the All-Share Index declined 0.13 p.c and market breadth deteriorated to twenty gainers in opposition to 55 decliners.

Dangote Cement’s 10 p.c improve stood out throughout Monday’s rebound, though the accessible market knowledge don’t quantify the corporate’s particular person contribution to the 1.65 p.c improve within the benchmark index.

Other equities additionally recorded sturdy positive factors in the course of the session.

Honeywell Flour Mills superior 9.78 p.c from N17.90 to N19.65, whereas Royal Exchange gained 9.18 p.c from N0.98 to N1.07.

However, the broader market rally was accompanied by sharp losses in some equities that had rallied within the earlier week.

ABC Transport declined 9.59 p.c to N6.60 after gaining 20.66 p.c within the earlier week, whereas Caverton Offshore Support Group dropped 9.38 p.c from N4.80 to N4.35 following a 17.07 p.c weekly advance.

Livestock Feeds additionally fell 9.09 p.c from N17.05 to N15.50, extending the retreat that started after the inventory reached N19 earlier in October.

Overall, traders exchanged 329.53 million shares price N25.45 billion in 43,700 offers throughout Monday’s session.

Zenith Bank led buying and selling exercise with 25.92 million shares valued at N3.11 billion, adopted by UBA with 23.99 million shares price N979.61 million and Access Holdings with 18.01 million shares valued at N487.83 million.

The mixture of Dangote Cement’s double-digit advance and the broader 1.65 p.c improve within the All-Share Index marked a robust begin to the brand new buying and selling week following the weak spot recorded throughout the market within the previous week.