Japaul topped the gainers chart again today gaining a further 9% to close at N0.72, this follows the 10% gain yesterday. I got a few questions today asking why Japaul share pice is climbing. From what I gathered, the stock seem to be riding on the wave of the positive sentiments currently enjoyed by any stock with “Oil” beside its name. The may seem odd but you never know do you?
Caverton Helicopters follows up up with yet another gain (7%) as it inches closer to its debut price. A lot of folks must have cleaned out on this stock by now particularly those who bought at when it was under N5.
Oando shares continues its decline from yesterday losing 9%. In fact, it opened lower at N31.97 and still closed lower than that at the close of trading. Is the bullish run over already?
The exchange happening with Transcorp shares continues with another N577m shares crossing hands. Whoever these guys are must be unto some major asset relocation. Todays trade alone was worth N3billion
