Price/Earnings to Growth Ratio Analysis A few companies last week published their Q3 2022 earnings on the website of the Nigerian Exchange. We expect to see more results been released this week and coming weeks. Just like we have always advised that investment should be done against expectation and not on realities. Though, the market has been […]
Why you should pitch your tent with fundamentally sound stocks The stock market last week continued its southward journey, occasioned by profit taking in 39 equities. The All Share Index and Market Capitalisation declined by 0.44% week on week 49,475.42 points and N26.686 trillion respectively. Most stocks have touched their 52 weeks low and some are tending[…]
Trading on the floor of the Nigerian stock market last week closed bearish again amidst profit taking in 39 equities. The All Share Index and Market capitalization declined by 0.44% to settle at 49,475.42 points and N26.686 trillion respectively. An aggregate of 719.4 million units of shares were traded in 17,447 deals, valued at N8 billion. The[…]