Market Update

Nigerian Equities Market Update: NSEASI Maintained Upbeat, Added 28Bpts

Trading activities on the floor of the Nigerian Stock Exchange maintained upbeat as it added 28Bpts to end the day’s trade at 25,818.87. It was a mixed performance among the observed market indices as shown in the index movement table. Week to Date, activities remained green by 121Bpts and Month to Date returns is up by 119Bpts.

Trading activities on the floor of the Nigerian Stock Exchange maintained upbeat as it added 28Bpts to end the day’s trade at 25,818.87. It was a mixed performance among the observed market indices as shown in the index movement table. Week to Date, activities remained green by 121Bpts and Month to Date returns is up by 119Bpts.

Value gained by the market capitalization of the listed equities during today’s trading activities was N25.000 billion, same as 28Bpts above the opening value. Meanwhile, trading activities for the day produced 24 advancers and 12 lagers. NSEASI Year to Date loss is -3.93% while the Market Capitalization Year to Date loss stood at –N313.138 billion same as 3.39% below the year’s opening value.

After the positive performance posted yesterday, the lead activities index was seen attempting a new high (12 weeks prior), backing up the move were good numbers of equities that lined up on the advancers’ log. This is undoubtedly impressive, and typical of a recovering economy. Nevertheless, it should be noted that such moves will induce profit taking activities from investors with low risk tolerance. In other words, the positive move might be silenced from the next trading day.

In our opinion, investors should avoid panic selling as much as possible, preparing to stay longer in positions will yield good profit. As can be observed from the three months financials of some listed equities, this year holds brighter hopes for investors, provided the ongoing economic recovery is not hampered in any way.

We therefore recommend investment by three months financials, equities with half year incentive policies should be considered in investors trading baskets. Safe Trade.

Trading activities on the floor of the Nigerian Stock Exchange maintained upbeat as it added 28Bpts to end the day’s trade at 25,818.87. It was a mixed performance among the observed market indices as shown in the index movement table. Week to Date, activities remained green by 121Bpts and Month to Date returns is up by 119Bpts.

Value gained by the market capitalization of the listed equities during today’s trading activities was N25.000 billion, same as 28Bpts above the opening value. Meanwhile, trading activities for the day produced 24 advancers and 12 lagers. NSEASI Year to Date loss is -3.93% while the Market Capitalization Year to Date loss stood at –N313.138 billion same as 3.39% below the year’s opening value.

After the positive performance posted yesterday, the lead activities index was seen attempting a new high (12 weeks prior), backing up the move were good numbers of equities that lined up on the advancers’ log. This is undoubtedly impressive, and typical of a recovering economy. Nevertheless, it should be noted that such moves will induce profit taking activities from investors with low risk tolerance. In other words, the positive move might be silenced from the next trading day.

In our opinion, investors should avoid panic selling as much as possible, preparing to stay longer in positions will yield good profit. As can be observed from the three months financials of some listed equities, this year holds brighter hopes for investors, provided the ongoing economic recovery is not hampered in any way.

We therefore recommend investment by three months financials, equities with half year incentive policies should be considered in investors trading baskets. Safe Trade.

Value gained by the market capitalization of the listed equities during today’s trading activities was N25.000 billion, same as 28Bpts above the opening value. Meanwhile, trading activities for the day produced 24 advancers and 12 lagers. NSEASI Year to Date loss is -3.93% while the Market Capitalization Year to Date loss stood at –N313.138 billion same as 3.39% below the year’s opening value.

After the positive performance posted yesterday, the lead activities index was seen attempting a new high (12 weeks prior), backing up the move were good numbers of equities that lined up on the advancers’ log. This is undoubtedly impressive, and typical of a recovering economy. Nevertheless, it should be noted that such moves will induce profit taking activities from investors with low risk tolerance. In other words, the positive move might be silenced from the next trading day.

In our opinion, investors should avoid panic selling as much as possible, preparing to stay longer in positions will yield good profit. As can be observed from the three months financials of some listed equities, this year holds brighter hopes for investors, provided the ongoing economic recovery is not hampered in any way.

We therefore recommend investment by three months financials, equities with half year incentive policies should be considered in investors trading baskets. Safe Trade.

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Market Update

Nigerian Equities Market Update: NSEASI Maintained Upbeat, Added 28Bpts

Trading activities on the floor of the Nigerian Stock Exchange maintained upbeat as it added 28Bpts to end the day’s trade at 25,818.87. It was a mixed performance among the observed market indices as shown in the index movement table. Week to Date, activities remained green by 121Bpts and Month to Date returns is up by 119Bpts.

Trading activities on the floor of the Nigerian Stock Exchange maintained upbeat as it added 28Bpts to end the day’s trade at 25,818.87. It was a mixed performance among the observed market indices as shown in the index movement table. Week to Date, activities remained green by 121Bpts and Month to Date returns is up by 119Bpts.

Value gained by the market capitalization of the listed equities during today’s trading activities was N25.000 billion, same as 28Bpts above the opening value. Meanwhile, trading activities for the day produced 24 advancers and 12 lagers. NSEASI Year to Date loss is -3.93% while the Market Capitalization Year to Date loss stood at –N313.138 billion same as 3.39% below the year’s opening value.

After the positive performance posted yesterday, the lead activities index was seen attempting a new high (12 weeks prior), backing up the move were good numbers of equities that lined up on the advancers’ log. This is undoubtedly impressive, and typical of a recovering economy. Nevertheless, it should be noted that such moves will induce profit taking activities from investors with low risk tolerance. In other words, the positive move might be silenced from the next trading day.

In our opinion, investors should avoid panic selling as much as possible, preparing to stay longer in positions will yield good profit. As can be observed from the three months financials of some listed equities, this year holds brighter hopes for investors, provided the ongoing economic recovery is not hampered in any way.

We therefore recommend investment by three months financials, equities with half year incentive policies should be considered in investors trading baskets. Safe Trade.

Trading activities on the floor of the Nigerian Stock Exchange maintained upbeat as it added 28Bpts to end the day’s trade at 25,818.87. It was a mixed performance among the observed market indices as shown in the index movement table. Week to Date, activities remained green by 121Bpts and Month to Date returns is up by 119Bpts.

Value gained by the market capitalization of the listed equities during today’s trading activities was N25.000 billion, same as 28Bpts above the opening value. Meanwhile, trading activities for the day produced 24 advancers and 12 lagers. NSEASI Year to Date loss is -3.93% while the Market Capitalization Year to Date loss stood at –N313.138 billion same as 3.39% below the year’s opening value.

After the positive performance posted yesterday, the lead activities index was seen attempting a new high (12 weeks prior), backing up the move were good numbers of equities that lined up on the advancers’ log. This is undoubtedly impressive, and typical of a recovering economy. Nevertheless, it should be noted that such moves will induce profit taking activities from investors with low risk tolerance. In other words, the positive move might be silenced from the next trading day.

In our opinion, investors should avoid panic selling as much as possible, preparing to stay longer in positions will yield good profit. As can be observed from the three months financials of some listed equities, this year holds brighter hopes for investors, provided the ongoing economic recovery is not hampered in any way.

We therefore recommend investment by three months financials, equities with half year incentive policies should be considered in investors trading baskets. Safe Trade.

Value gained by the market capitalization of the listed equities during today’s trading activities was N25.000 billion, same as 28Bpts above the opening value. Meanwhile, trading activities for the day produced 24 advancers and 12 lagers. NSEASI Year to Date loss is -3.93% while the Market Capitalization Year to Date loss stood at –N313.138 billion same as 3.39% below the year’s opening value.

After the positive performance posted yesterday, the lead activities index was seen attempting a new high (12 weeks prior), backing up the move were good numbers of equities that lined up on the advancers’ log. This is undoubtedly impressive, and typical of a recovering economy. Nevertheless, it should be noted that such moves will induce profit taking activities from investors with low risk tolerance. In other words, the positive move might be silenced from the next trading day.

In our opinion, investors should avoid panic selling as much as possible, preparing to stay longer in positions will yield good profit. As can be observed from the three months financials of some listed equities, this year holds brighter hopes for investors, provided the ongoing economic recovery is not hampered in any way.

We therefore recommend investment by three months financials, equities with half year incentive policies should be considered in investors trading baskets. Safe Trade.

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