FeaturedMarket Update

Our View (Nigerian Stock Market-22nd – 26th August, 2022)

 

  • We expect a mixed trend as sentiment continues due to expected markdown in the share price of stocks like; Okomu Oil, Custodian Investment, and Cutix within the week.
  • Mixed trend will also be supported by the activities of investors digesting economic data vis-a-vis the half-year corporate earnings released so far.
  • Please note that the interim dividend from the few Tier-1 banks with half year interim cash dividend policies is still expected, going by history, the numbers should start hitting the market from next month.
  • In our opinion, investors should avoid panic decisions in a mix market, while traders are expected to take advantage of every news hitting the market at the moment.
  • As we have usually recommended, supporting portfolios with fixed income market instruments will reduced portfolio risk, thus, this should be given due consideration.

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FeaturedMarket Update

Our View (Nigerian Stock Market-22nd – 26th August, 2022)

 

  • We expect a mixed trend as sentiment continues due to expected markdown in the share price of stocks like; Okomu Oil, Custodian Investment, and Cutix within the week.
  • Mixed trend will also be supported by the activities of investors digesting economic data vis-a-vis the half-year corporate earnings released so far.
  • Please note that the interim dividend from the few Tier-1 banks with half year interim cash dividend policies is still expected, going by history, the numbers should start hitting the market from next month.
  • In our opinion, investors should avoid panic decisions in a mix market, while traders are expected to take advantage of every news hitting the market at the moment.
  • As we have usually recommended, supporting portfolios with fixed income market instruments will reduced portfolio risk, thus, this should be given due consideration.

Comment here

This site uses Akismet to reduce spam. Learn how your comment data is processed.