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Home Markets Equities Stock Market

Why Julius Berger, Oando Topped The Gainer Chart Today (23/6/2014)

Nairametrics by Nairametrics
June 23, 2014
in Stock Market
Why Julius Berger, Oando Topped The Gainer Chart Today (23/6/2014)
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Julius Berger

Julius Berger Plc topped the gainers chart today as the board resolution following its the conclusion of its AGM was concluded. Some of the highlights of the board resolution were as follows.

  • They approved dividend of N2.7 per share
  • They approved bonus issue of 1 for every 10 shares held
  • They approved for the company to raise N7.5billion

Oando

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Oando gained another 10% today as investors continued to pour cash into the stock following the approval of the COP deal. It is as if everyone now believes the sky is the limit for the stock. The company now has a Price Earnings Ratio of 27x. Like I said the price will touch N40 before the end of the month.

Top ten

Jos Breweries expectedly joined the losers chart dropping 5% on the day.

Tags: Julius BergerNews ReviewOando Plc
Nairametrics

Nairametrics

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.

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Comments 3

  1. Ola says:
    June 24, 2014 at 6:13 am

    Hi Ugodre, your post topics are interesting. Can I reblog pls?.

    Reply
  2. Ola says:
    June 24, 2014 at 6:46 am

    Hi Ugodre, I’m interested in many of your posted topics. Can I reblog pls?.

    Reply
    • Ugodre says:
      June 24, 2014 at 1:03 pm

      Reblog on which site?

      Reply

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