As the equities market continues bearish performance, shareholders of BUA Cement Plc lost a whopping N111.752 billion in yesterday’s trading session.
This is in spite of the fact that the company witnessed an improved performance in half year 2022 on various parameters like credit growth, asset quality, and profitability.
Checks by Nairametrics showed that at the close of trading, BUA Cement Plc’s share price dropped by 6.18% to N50.10 per share and N1.697 trillion in market capitalisation as of the close of trading yesterday (September 22nd) from N53.40 and N1.808 trillion, which were the share price and market capitalisation recorded the previous day (September 21st ).