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The Bulls Are Not Leaving Yet| Nigerian Stock Market All Share Index Hit 5 Months High (21/11/2013)

The Nigerian All Share Index Hit 5 month high today as the index rose 0.78% to 39,119.88 today (21/11/2013). The top gainers chart was led by Livestock Feed 10.12% followed by Transcorp (10.08%) and Eternal Oil rose 10.03%. On the losers side was Costain West Africa for the third straight day with Ag Leventis and Mansard […]

The Bulls Are Not Leaving Yet| Nigerian Stock Market All Share Index Hit 5 Months High (21/11/2013)

All Share Index 5 months

The Nigerian All Share Index Hit 5 month high today as the index rose 0.78% to 39,119.88 today (21/11/2013). The top gainers chart was led by Livestock Feed 10.12% followed by Transcorp (10.08%) and Eternal Oil rose 10.03%. On the losers side was Costain West Africa for the third straight day with Ag Leventis and Mansard also joint the losers end. The stock market is currently bullish meaning getting bargain stocks may be a challenge.

 

TOP GAINER % Change
Livestock Feeds PLC +10.12%
Transnational Corp o… +10.08%
Eterna Oil & Gas PLC +10.03%
Vitafoam Nigeria PLC +9.95%
Portland Paints & Pr… +9.94%
Wema Bank PLC +8.85%
Unity Bank PLC +8.62%
Oando Plc +7.58%
NEM Insurance Co Nig… +5.26%
UBA Capital PLC +5.26%



Comments 4

  1. Princemolak

    Oga ugo,which Penny Stock will you reccomend for a long term investor,long term as in 5yrs,with about 1000% return

    1. Ugodre Author

      Lol…none for now my brother. Don’t let the speculation and gambling taking place now deceive you.

  2. Anonymous

    You are right, was is currently playing out in the market is simply “irrational exuberance”. Hence investors’ must trade cautiously.

  3. Oye

    You are right what is currently playing out on our local bourse, is simply “irrational exuberance” hence investors’ must trade cautiously.

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