The Nigerian equity market set off the New Year on a laudable note as most indicators across board closed in the green during the period under review. The activity in the market was significantly helped by upbeat in economic data and earnings expectation for the Q4 2017… 

Week-on-week (WoW), the All-Share Index (ASI) gained a total of 680.07 absolute points, representing a growth of 1.78% to close at 38,923.26 points. This helped to set the market on a stellar growth pathway with year-to-date (YTD) return at…

A total turnover of 2.42 billion shares worth N18.81 billion in 20,874 deals was traded this week by investors on the floor of the Exchange in contrast to a total of 1.31 billion shares valued at N12.64 billion that exchanged hands…

 

Fifty-five (55) equities appreciated in price during the period, higher than thirty-two (32) of the previous week. Twelve (12) equities depreciated in price, lower than twenty-five (25) recorded in the previous week, while one hundred and five (105) equities remained…

GTI TOP-5 WEEKLY STOCK PICKS NOTIFICATION

Kindly note that GTI Top-5 Stock Picks have cumulatively achieved about 95% of indicated targets in recent past. Due to this premise, we are currently reviewing recent results of companies under our radar in order to come up with investment position(s) going forward.

Hopefully, commentaries on GTI Top-5 Picks will return as soon as we are done. In the meantime, the following stocks listed below fall on our watch list this week.

 

Outlook for the Week Ending January 12th, 2018

This week, we expect a continuation of volatility witnessed thus far in the year with periodic pull back as profit is booked. The market is also expected to be impacted by existing positive economic data which has continued to resonate investors’ confidence…

At this point, we strongly advise investors to take a keen interest in firms’ fundamentals before taking investment position on such firms. We equally advise on taking a medium-long term view…

Watchlists…

Access Bank, UCAP, Fidson, Flour Mills, DangCem, UBA, Lafarge Africa and Zenith Bank.

SOURCE: https://brandspurng.com/top-5-weekly-stock-pick-for-the-period-8-1-2018-12-1-2018-outlook-watch-list-gti-securities/

Useful piece.