Investors in the nation’s stock market gained N30bn on Wednesday as Oando Plc and 21 other firms recorded price appreciation.
Oando, which led the gainers on Wednesday, saw its share price increase by 10 per cent to N3.41 per share. Twenty firms recorded losses on Wednesday, with LASACO Assurance Plc, Consolidated Hallmark Insurance Plc, Cornerstone Insurance Plc, Flour Mills of Nigeria Plc and Wapic Insurance Plc emerging as the biggest losers.
Analysts at Cordros Capital Limited noted that the domestic equities market ended the day with bullish sentiments, following investors’ interests in Lafarge Africa Plc, Zenith Bank Plc and Guaranty Trust Bank Plc.
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