OANDO Investors Have Gained N36.83bn Since The Lifting of The Technical Suspension

Culled—Proshare

April 18, 2018/Proshare Research 

Following the lifting the of the technical suspending on the shares of Oando Plc on April 12, 2018, OANDO investors have so far recorded N36.83bn as its share price has moved up by 51.09% to N9.05k as at today from N5.99k. 

The shares of Oando Plc recorded 9.70% gain with 743,106 volumes of shares traded. 

The 743,106 units of OANDO shares traded today represents 0.32% of the total market volume traded today and 0.01% of OANDO’s Outstanding shares. 

Also, today’s volume records +74.05% growth rate over the 426,953 units traded yesterday. 

Table 1: OANDO’s Volume Per Day and Share Price Performance

DateVolume Per DayShare Price – Gain/(Loss)
18-Apr-18                     743,1069.70%
17-Apr-18                     426,9539.27%
16-Apr-18                     394,3079.42%
13-Apr-18                     476,6284.55%
12-Apr-18               64,746,59110%
Source: TheAnalyst, NSE 


Table 2: OANDO Traded Volume as a Percentage of Market Volume and NOSO

Proshare Nigeria Pvt. Ltd.
Source: TheAnalyst, NSE

Graph 1: OANDO at the Close of Trading (April 18, 2018)

Proshare Nigeria Pvt. Ltd.

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