It’s another week again and the stock market is doing well, it is surprising to note that IAA shares has done exactly 100% since it’s private placement. well serious activity still goes on in the stock market as capitalization closed yesterday at N12.16 trillion, all share capital index as 62,711in 15,978 deals valued at 12.627 billion. Top of the gainers chart is Okomu oil which sells for N30.45, closely followed by RT Brisceo at N24.38, UBA gained too and is selling for N63.94.
Topping the losers chart is Dangote flour loosing 5% to close at N28.12, followed by UACN selling at 28.55, ASL closed at N17.76, CCNN closed at N17.70. Surprising NAHCo lost to close at N26.00. Airservice currently sells for N18.91, No significant trading took place in Academy press as the closing price is N18.19 and this means the publishing sector has not been active for a while, UPplc has gained N1 and this has been as a result of huge volume they traded last week.
The market promises to do well this month so just keep your heads and ears in the market and buy.
See you on top.