The stock market last week closed on a positive note as the All-Share Index and Market Capitalization appreciated by 0.46% to close at 47,569.04 points and N25.910 trillion respectively. Year to date the market has returned 11.36%. In the course of last week, an aggregate of 491.8 million units were traded in 14,350 deals, valued at N11.92 […]
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[…]