₦airaland Forum

Who can explain Oando's chartl? Will it move up or down?

Who can explain Oando's chart?

Oando could be suspended soon.(MRF)

Which of these apps is best with limited charges?

Nonexisting:
Na mumu Adam caused all these. If he had faced his duties without complaints, God wouldn't have punished the world by creating women. Even Noah who had the opportunity of saving the world failed as well. The idiot gave them free boat ride including female mosquitoes too. A very foolish man.

If there was no woman,the human race will go extinct.You wont be here typing nonsense.
Only animals will be on earth thanks to their female pair.

Good job Mrs Tinubu.I have pineapple,banana in my backyard.Plsnted ewedu,okro,maize amd spinach before.

bovali:
I use IB - https://www.interactivebrokers.com/ although I’m not sure they allow Nigerians. I had to by pass it by using my friends utility bill and set my country to Ghana.

thanks

bovali:
https://trade.investnow.ng/customers/ - for trading

Investing.com - Analysis (This cost me 3,500 Naira a month). Cause it’s a fast way to get some information I need.

https://ngxgroup.com/ - For corporate actions, disclosures, financial statements etc

Thanks .What about US stocks,i need other options from trove,chaka and bamboo.

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bovali:
Let me explain what I mean by rebalancing. So last quarter I got into oando end of q1 and that was my best return (40%) so I sold to buy things that are yet to move up which you can see in my current portfolio. But if at the end of q3, any of them are above 40% and there are some that are still stagnant and haven’t moved, I would sell that 40% to buy more of the stagnant one (that is after I do dd to ensure I still maintain the same view on the stock). And if I’m rebalancing at the end of q3 and see that stocks like oando retraced back to 10-11, I will buy again. Truth is, opportunities will always come so I don’t have any attachment to any stock

Which investmemt app do you use from Nigeria?

Afrexim bank

Holy Pensioners,una must pay half-year fruits to thy Lord

Oando hits highest share price in 9 years, as market declines by 0.24%
The Nigerian Exchange (NGX) on July 4 recorded a slight decline, as the All-Share Index closed at 100,063.32 points, from the opening 100,299.48 points. During the trading day, oil and gas stocks, Oando Plc and Conoil Plc, were the top gainers, with 9.93% and 9.52% gains respectively. Oando Plc reached a share price of N15.50, its highest share price since June 2015. Despite the two stocks posting equity gains totaling N24.34 billion, MTN’s 6.54% decline, resulting in an equity loss of N294 billion, overshadowed their performance.

Overall, there was an N136.17 billion decline in the NGX’s market cap to N56.601 trillion, from yesterday’s N56.738 trillion. Oando share price history - Oando’s share price of N15.50 represents the stock’s highest share price since June 22, 2015, when it recorded a share price of N15.75. From June 2015, Oando Plc’s stock began to decline, reaching an all-time low in 2020, when its share price fell to N2.08 on March 30, 2020. However, in 2024, Oando began its resurgence after releasing its annual financial statements for 2022 and 2023. Year-to-date, Oando has gained 47.62% in the NGX. However, there is a contrasting story in the Johannesburg Stock Exchange, where Oando is also listed.

Today, Oando Plc lost 55% of its value on the JSE, with its share price falling to 9 South African Cents, from 20 South African cents yesterday. Market Highlights - There was a 152% increase in market activity, as turnover volume hit 863.573 million shares, from yesterday’s 342.196 million shares. In terms of turnover value, there was a 164% increase to N12.562 billion, from yesterday’s N4.751 billion. Top Gainers: Oando Plc led the gainers with a 9.93% gain, causing its share price to close at N15.50. Conoil Plc followed with a 9.52% gain to close at a share price of N115. Veritas Kapital Assurance closed with a 9.37% gain, as its share price crossed the N1 mark for the first time ever.

Neimeth closed with an 8.61% gain to close at N1.64, while Jaiz Bank gained 7.55% to close at N2.28. FTN Cocoa Processors gained 7.32% to close at N1.76%. Top decliners: Daar Communications continued its bearish performance, declining by 8.33% to close at N0.44. In 2024, Daar Communications continued its bearish performance, declining by 8.33% to close at N0.44. In 2024, Daar Communications has been the top decliner in the NGX, as its share price has declined by 51.11% year-to-date.
UPDC REIT declined by 8.26% to close at N5, followed by Guinea Insurance which declined by 7.69% to close at N0.36. University Press Limited lost 6.67% to close at N2.10, followed by MTN Nigeria which declined by 6.54% to close at N200. UPDC declined by 6.47% to close at N1.30. Top traded stocks: Fidelity Bank, which recorded a 2.36% gain, recorded the highest turnover volume with 539.40 million shares. It was followed by GTCO Holdings, which recorded a turnover volume of 59.433 million shares.

Veritas Kapital Assurance recorded a turnover volume of 40.424 million shares, followed by UBA Plc with a turnover volume of 35.978 million shares, and Zenith Bank with a turnover volume of 24.016 million shares. In terms of turnover value, Fidelity Bank topped with N5.66 billion, followed by GTCO Holdings with N2.797 billion, and Zenith Bank came next with N882.33 million.

It was followed by UBA with N839.60 million and United Capital with N323.86 million. SWOOTs and FUGAZ Update - MTN and Zenith Bank were the only SWOOTs that recorded a significant change in the market, as MTN recorded a 6.54% decline, while Zenith Bank recorded a 4.46% gain. Other members of the SWOOT category, Airtel Africa, BUA Foods, BUA Cement, Dangote Cement, Geregu Power, GTCO Holdings, Seplat Energy, Transcorp Hotels, and Transcorp Power, recorded no price changes. Trading sentiment for tier-1 banks, as UBA and Zenith Bank posted 3.52% and 4.46% gains respectively. FBN Holdings and Access Holdings also posted 4.13% and 1.54% gains respectively.



Regards,

MorganCapital Securities Limited

which insurance stock is best to buy for maximum profit? anyone in the kobo range.

victory36:
Instead of channeling these funds into production ventures, they are giving handouts and increasing inflation. We have a long way to go in this country if this is how our leaders think

This is a welcome development and it is a system used all over the developed world.
President Tinubu we need a social welfare scheme for Nigerians.

Oando

Abolodje:
Make world end so all of us start afresh again, if you like come back naija na you sabi

The world never ends,only living things have an expiry date.

Chinese Are Planting Cassava In Ogere Remo While Nigerians Scream Hunger.

https://fb.watch/s-DoWPQpwX/?mibextid=SphRi8

ApcBacteriafonj:
Crazy Afonj@ attacked and destroy

Na IPOB woman be her mama with Yoruba father.

Lagospedia
Credit: lagospedia
Emmanuel Chukwuma a 47-year-old unemployed man has been arrested by the police in Lagos for allegedly killing his pregnant lover, Bosede Adefehinti, in the Festac area of the state. The couple, who lived together, had an argument at their home on Monday afternoon, June 24, 2024.

Any Governor who doesnt address food security in his state will chop 30 koboko.

Let Davido marry Sophie as wife number 3.

jp130:
Plz, how do I sell in Morgan I trade platform?

Go to your portfolio and click on the minus button of the stock you wish to sell.

Raider76:
How will the market react to Ote now being the undisputed major shareholder in FBN?

Follow the crowd people might want to join the bandwagon thereby increasing the share price.

https://www.youtube.com/watch?v=UmctnYLx8zE

News

Mbanda:
The key ingredients such as, phosphate, potassium and urea, that are used in making fertiliser are not produced in Nigeria go and verify.

Use chicken manure.Northerners buy this from the South.They prefer chicken manure for better yield than fertilizers.

elmas:
How do i start?
Is Nigeria's stock market profitable compared to other countries?

Sure, it depends on the company stocks you choose to trade,i choose manufacturing,banking,telcomms in my portfolio.You decide which companies you prefer in your portfolio.
i use morgan capital as my broker.Check out their website to register.
https://www.morgancapitalgroup.com/

Au revoir.