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Profit taking on the floor of the Nigerian Exchange in the past couple of days has brought prices of many stocks down, thereby creating new entry opportunities for discerning investors. In the last edition of this publication, we did Q2 earnings forecast for banking stocks. We shall continue our forecast this week with focus on select manufacturing […]

Trading on the floor of the Nigerian Exchange last week closed bearish as the Telecom giants; MTN Nigeria and Airtel Africa as well as other 49 stocks closed the week lower on profit taking. The All Share Index and Market capitalization declined by 2.68% and 2.67% to settle at 51,778.08 points and N27.914 trillion respectively. An aggregate[…]

Investment in the stock market requires deliberate effort to ensure more wins and fewer losses. At that, investors need to constantly gauge the performance of the companies in their investment portfolios. A typical company is under the obligation to release its result to the market at least four times a year; that is first quarter, second quarter,[…]