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BUA Cement Lost N607.9bn Market Capitalization In 2021

BUA Cement PLC lost N607.9bn in market capitalization after BUA’s cement manufacturer’s share price fell to N67.05.

BUA shares opened at N85 on Monday, January 4, 2021, on the Nigerian stock exchange, but the shares have struggled to maintain that record peak.

As at January 4, the company’s market capitalization stood at N2,878,470,095,100.

The market cap is based on BUA Cement’s N85 share price and outstanding shares of 33,864,354,060.

But since January, BUA’s share price has depreciated by 21.1 percent (N17.95) to N67.05 by December 31, 2021.