07

Feb

Stocks to watch as impressive Q4 earnings boost investors’ confidence

The positive vibration in the stock market, triggered by impressive Q4 earnings was sustained last week as NGXASI closed higher by 2.33% week on week. There is renewed optimism by investors as they take position ahead of Audited results and dividend declaration.The outlook for the month of February is projected to be positive for the market based […]

07

Feb

Stock market returns 2.33% WtD amidst profit taking and portfolio rebalancing

The stock market last week closed on a bullish note amidst profit taking and portfolio rebalancing by investors. Investors are taking position ahead of audited reports of companies that will pay dividend.The All Share Index appreciated by 2.33% week on week to close at 47,279.92 points from the previous close of 46,205.05 points.On the Nigerian Exchange, investors[…]