Consumer Goods Giants Hit Milestone: N10 Trillion Market Cap ✨
Eleven major players in Nigeria’s consumer goods sector have reached a groundbreaking N10.1 trillion in market capitalization, according to the latest data from the Nigerian Exchange Limited (NGX) as of December 31, 2024. Here’s the breakdown of this remarkable achievement:
Top Performers in the Sector
1️⃣ BUA Foods Plc
• Market Cap: ₦7.47 trillion
• Stock Price: ₦415.00
• Trade Volume: 31,117 shares
2️⃣ Nigerian Breweries Plc
• Market Cap: ₦991.46 billion
• Stock Price: ₦32.00 (a 0.47% drop from ₦32.15)
• Trade Volume: 1,639,092 shares
3️⃣ International Breweries Plc
• Market Cap: ₦934.02 billion
• Stock Price: ₦5.55 (unchanged)
• Trade Volume: 1,595,714 shares
4️⃣ Dangote Sugar Refinery Plc
• Market Cap: ₦394.77 billion
• Stock Price: ₦32.50 (a 4.55% drop from ₦34.05)
• Trade Volume: 2,950,748 shares
5️⃣ Guinness Nigeria Plc
• Market Cap: ₦153.87 billion
• Stock Price: ₦70.25
• Trade Volume: 102,951 shares
Notable Mentions
• NASCON Allied Industries Plc: ₦84.72 billion (1.13% gain to ₦31.35).
• Honeywell Flour Mill Plc: ₦49.96 billion (1.56% dip to ₦6.30).
• Northern Nigeria Flour Mills Plc: ₦7.82 billion (₦43.90 per share).
• Golden Guinea Breweries Plc: ₦8.85 billion (₦8.64 per share).
• Union Dicon Salt Plc: ₦1.97 billion (10% decline to ₦7.20).
• Multi-Trex Integrated Foods Plc: ₦1.62 billion (₦0.36 per share, no trades).
What This Means for the Market
This milestone reflects the strength and resilience of Nigeria’s consumer goods sector, despite global and local economic challenges. BUA Foods Plc leads the charge, contributing over 73% of the sector’s market capitalization.
Stay tuned as these companies continue shaping Nigeria’s economic landscape!
Eleven major players in Nigeria’s consumer goods sector have reached a groundbreaking N10.1 trillion in market capitalization, according to the latest data from the Nigerian Exchange Limited (NGX) as of December 31, 2024. Here’s the breakdown of this remarkable achievement:
Top Performers in the Sector
1️⃣ BUA Foods Plc
• Market Cap: ₦7.47 trillion
• Stock Price: ₦415.00
• Trade Volume: 31,117 shares
2️⃣ Nigerian Breweries Plc
• Market Cap: ₦991.46 billion
• Stock Price: ₦32.00 (a 0.47% drop from ₦32.15)
• Trade Volume: 1,639,092 shares
3️⃣ International Breweries Plc
• Market Cap: ₦934.02 billion
• Stock Price: ₦5.55 (unchanged)
• Trade Volume: 1,595,714 shares
4️⃣ Dangote Sugar Refinery Plc
• Market Cap: ₦394.77 billion
• Stock Price: ₦32.50 (a 4.55% drop from ₦34.05)
• Trade Volume: 2,950,748 shares
5️⃣ Guinness Nigeria Plc
• Market Cap: ₦153.87 billion
• Stock Price: ₦70.25
• Trade Volume: 102,951 shares
Notable Mentions
• NASCON Allied Industries Plc: ₦84.72 billion (1.13% gain to ₦31.35).
• Honeywell Flour Mill Plc: ₦49.96 billion (1.56% dip to ₦6.30).
• Northern Nigeria Flour Mills Plc: ₦7.82 billion (₦43.90 per share).
• Golden Guinea Breweries Plc: ₦8.85 billion (₦8.64 per share).
• Union Dicon Salt Plc: ₦1.97 billion (10% decline to ₦7.20).
• Multi-Trex Integrated Foods Plc: ₦1.62 billion (₦0.36 per share, no trades).
What This Means for the Market
This milestone reflects the strength and resilience of Nigeria’s consumer goods sector, despite global and local economic challenges. BUA Foods Plc leads the charge, contributing over 73% of the sector’s market capitalization.
Stay tuned as these companies continue shaping Nigeria’s economic landscape!