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% |
| TOP LOSER | % Change |
|---|---|
| Costain West Africa … | -8.33% |
| AG Leventis & Co PLC | -4.91% |
| Mansard Insurance PL… | -4.26% |
| Neimeth Internationa… | -2.91% |
| Custodian and Allied… | -2.67% |
| Ashaka Cement PLC | -2.27% |
| UACN Property Develo… | -2.17% |
| Mobil Nigeria PLC | -1.32% |
| Union Bank of Nigeri… | -0.79% |
| Nigerian Breweries P… | -0.59% |
Oga ugo,which Penny Stock will you reccomend for a long term investor,long term as in 5yrs,with about 1000% return
Lol…none for now my brother. Don’t let the speculation and gambling taking place now deceive you.
You are right, was is currently playing out in the market is simply “irrational exuberance”. Hence investors’ must trade cautiously.
You are right what is currently playing out on our local bourse, is simply “irrational exuberance” hence investors’ must trade cautiously.