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Investors gain N30bn as stock market closes higher

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’Femi AsuInvestors in the nation’s stock market gained N30bn on Wednesday as Oando Plc and 21 other firms recorded price appreciation.The Nigerian Stock Exchange All-Share Index rose by 0.1...

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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Nigerian stocks fall further, investors lose N30bn - Punch NewspapersThe most widely read newspaper in Nigeria It’s happening 😁 Only mad person will invest in Nigeria Na only stolen money de use invest for Nigeria. Why e no go fall
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