Trading in different environments require the usual due diligence and as such, most investors need to remember to keep a very close eye on what their chosen market index does.


The equities' rally witnessed in recent time has left the Nigerian stock market sitting at a height not seen since the bubble burst in 2008. Such landmark is not limited to the Nigerian market alone as markets elsewhere have witnessed marked upswings with many witnessing near five-year high despite wider economic gloom.


The appetite for equities is feasible for further increase, as they are currently yielding more than their alternatives. Bond yields are still depressed. This is fuelled by unprecedented quantitative easing while the precious metal gold is also not in the good records of investors at present as it has so far recorded -17.8% loss in 2013 with silver recording a higher loss figure at -28.4%.


The Nigerian Stock Exchange Market CAP recently hit its 2008 peak at N12.6 trillion after some days of bulls rally. The FTSE 100 also reached its highest point since late 2000 after closing up while other indices like NASDAQ and Dow Jones earlier in the year, have equally attained their all time high.


A closer look at the performance of key stock markets of the G7countries, BRICs and Africa stock markets reveal that the Japanese Nikkei led the G7 with +27.84% YTD gains and closely followed by NASDAQ and German DAX with +16.10% and +8.01% YTD gains respectively.


Nigerian Stock Market led the African exchanges with +42.50% YTD gain as BRVM and Kenya market takes second and third with +34.29% and +32.03% gains respectively while the BRICs countries all recorded negative YTD returns.


Source: http://proshareng.com/news/20179/Stock-Market-A-rally-you-must-not-miss

To all those fake barca fan were they yab chelsea say we be agbero club, una own worse..Your hit man is a criminal (criminal club )...

**Singing In Felas voice***

Catch am cath am thief thief thief, Catch am cath am robber robber...

Market done dey fly see as everybody is happy and jubilating...remember that what goes up must come down..guys dont loose your gaurd o..watch the market well. any slight shake you jump out immediately

Michael11stock: I Just balance for chair dey smile at my darling UBA anybody want join me?

You guys should enjoy ur UBA loot jare..

Nigeria Stock Exchange:

1. Market hits above 40,000bpts on improved optimism, MTD stands at +5.87%

2. Outlook for DANGOTE FLOUR tied to Tiger Brands’ restructuring initiatives

3. Wapic Insurance Shops for N3.5bn from Shareholders

4. Unilever to Nestle Raise Nigeria Bubble Concern on Valuation

5. Four banks get buy rating from institutional investors

6. Nigeria’s Aliko Dangote amongst the best entrepreneurs from around the world that will gather in Monte Carlo for the ‘World Entrepreneur Of The Year’ on 5-9 June

Source; www.proshareng.com

otokx: Will the market open today?

YES

mercylicious:

Dt dangote sugar own dey vex me. Me wey dem show am for dream , I come talk am here bt no take action as d price dey fall then.
Since then, dem don vex, dem no show me anyother stock.
...Crying.

Make u no cry..next time you see a good stock in a dream make your findings and if positive get it...

dooooo

fxisreal: is A.G leventis audit result out? how come is the 14k

for those that need the information below are the company's corporate action so far. enjoy it

Thanks but it is still incomplete...There is no coparate action for sterling bank.

Elai147:

Aliko Dangote say "if you don't have ambition, you shouldn't be alive" but Oando own na overambitious and they are now suffering from the effects of attempting overambitious magic. I don pause my order for that coy since. Waiting for the right time to enter..

Meanwhile, Presco & Dangote Sugar don Vex. No stopping for AIICO...

Oga 9free where you dey...one of our oga done show im face for here.

Omexonomy: please kindly list their names for us to benefit

Royalex, Soveriegn trust and Law union insurance are the insurance coy that hit my radar.

Please note that this is not a buy recommendation as i havent done proper analysis on these stocks as we are awaiting their result..

Michael11stock: Pls is there anyone who has received his UBA dividend in their bank account? Guess payment date was june 10 still expecting mine so dat i go fit borrow una money to reinvest lol who be learner?

Please who has received their UBA dividend should assist in clarifying our oga here.

fxisreal:

Law union is another solid insurance am looking at. do u have any idea on this one

I noticed that heavy sum of money was being pumped into this stock more than 2wice last week, abi na u dey do am..

I am still watching Law, union and rock but let us put into rememberance that for now only 5 insurance coy has submitted their result.

However, i am currently watching 3 more insurance stock for now b4 i make my decision.

otokx: And first bank is still doing the dance of the dead.

I still dont understand what the problem is with first bank...since e just stay for one spot.

feelamong:

Well, am not a speculator... I buy based on valuations (EPS of N1.52 and PE of 4.4)

UBA is an excellent buy but I already have a good chunk in my portfolio..also i dont buy stocks when they are hot and on every radar!..sold off my Diamond earlier at N7 and i think at this price its very good to go in..BTW who is not raising fund...I will rather a good manager raises fund as it will mean greater earnings in the coming season!

this is what i do too...

feelamong:

Bros which and which don begin move.. get some legacy Consolidated Insurance that i need to fling at .50k ASAP

where u dey since...NEM and AIICO( mostly AIICO) with royalex don dey use style waka go north..

However make we dey watch...am still eyeing another one but i have to make some research first.

The rally of the insurance coy begins today!!!!

Enjoy the rally.

Nigeria Stock Exchange:

1. Dangote Cement Plc remains investors' toast, recording largest transaction

2. Wapic Insurance to raise N3.51bn via rights issue

3. FirstBank concludes IT upgrade, lauds customers’ support

4. Access Bank, UBA Get Positive Recommendations

5. Stocks sustain moderate bargain as DANGCEM records historical volume trade

Source; www.proshareng.com

ABEOKUTA — A 67-year-old church guard identified as Matthew Isidahume, yesterday, reportedly committed suicide with his lifeless body found dangling within the premises of Holy Trinity Anglican Church, Gbagura, Ago- Oka, in Abeokuta North Local Government of Ogun State.

Vanguard learnt that members of the church who converged for the morning prayers discovered the corpse of the deceased where he allegedly hung himself.

When Vanguard visited the scene, men of the Nigeria Security and Civil Defence Corps and some policemen were seen at the place.

Contacted, the state Police Public Relations Officer, Olumuyiwa Adejobi, who confirmed the incident said three guards were supposed to be on duty when the incident happened.

Adejobi said: “The deceased left a suicide note which is currently assisting us in our investigation, but the command will do a thorough job toward getting to the bottom of the matter.”

However, a member of the church council, who identified himself as Adekunle Adegoke, said the deceased was the church’s night-guard, adding that those who came for the morning prayer meeting met the gate locked and waited for about 30 minutes thinking the late Matthew was busy.

He said: “When there was no trace of him, the people decided to push a small boy across the fence and the boy later returned with the sad news that Matthew had hung himself.

“Really, if you see him, the first thought will be that there was a sort of complex issue, probably there is a foul play. But looking closely you will see his footprints on the generator which showed that he climbed, tied something on his neck and then jumped.”


Source: http://www.vanguardngr.com/2013/06/church-guard-commits-suicide/

A-ZeD:

1) The woman is not under qualified. She was recommended by the Minister of Agriculture for a project between his ministry and the CBN
2)Sleeping with another man's wife is bad but it was a mutual agreement between Sanusi and the woman and as far as we know, the husband might be aware of it.
3) One thing i have learnt is not to judge people by my own standards.

1. Do you know that there were better candidates available for that post?

2. You also say that the husband might be aware of it..Are you the husband

Infact, if the husband is aware or not does not justify the accused here.

3. Nobody is judging anybody here but what sls did is wrong and we have every right to kick against it.

A-ZeD:

Sanusi is a grown man likewise the woman. I have no business with their relationship. The only problem i would have is if he was spending public funds on the woman.

The only problem you have would have been if sls was spending public fund on this woman?

what about he appointing an unqualified candidate to take up a high profile job role in the CBN?

what about sls sleeping with another man's wife to the extent that he arranged a hotel for her and dealt with her all night long while the husband is at home thinking that his wife travelled for official assignment

what about the people that beleieve that sls was a proper role model that has a very high integrity..

I know nobody is above mistake but if this was in the U.S either he would resign or he would get the sack.

Learn from the past president of world bank that resigned becos he promoted his girl friend to a very high position in the coy.

NB: i dont have any personnal beef with sanusi but a spade has to be called a spade..period.

stockbull:


week-end holiday.
This is also a very good period to discuss issues and get prepared to start the week on a good note.

True..BTW have you heard any news about when insurance coys will release their FY 2012 and Q1 result

A-ZeD:

Did you actually read the news?
Do you know what NISRAL is?

You just read the headline and are spewing thrash!!!

NISRAL- Nigeria Incentive-based Risk Sharing Systems For Agricultural Lending

^^^

she was recommended from here and you are justifying the claim and painting sls to be innocent.

BTW you are the one that didnt read the news to be supporting sls for going out with another man's wife claiming that he is a muslim.


ANyways, sanusi must have stepped on some political toes for this to happen

SMH.

A-ZeD:


Not holding brief for SLS but the woman was recommended to him from the Minister of Agriculture. As for sleeping with the woman, he's a muslim and entitled to 4 wives.

Why are Nigerians like this

Lord have mercy.

What do a minister of agriculture know about banking that she will recommend someone to SLS to take up a high profile job in the CBN?

If it was the minister of finance i will say its okay, but minister of agriculture? bros abeg wake up.

By the way is it in muslim tradition for a man to marry married women

Also when sls was taking up appointment in CBN as governor was there any muslim oath taken as well..SMH

**folds hands behind back and walks away**

CFCfan: Hehe. Sanusi don hear am. This is truly the handwork of his enemies.

Anyway, the private lives of govt officials shouldn't be our business.

It shouldnt be our business even when they are sleeping with another man's wife right

I will free you this time.

Policewoman: AND SO BLOODY WHAT? As a muslim he is entitled to 4 wives, so people should mind their business

I didnt want to post anything concerning this issue until i saw this post that kept me wondering when nigerians will wake up from their hullicinations.

WHen sanusi took up the oath in office as the CBN director did he take it up as a muslim or as a qualified individual for the post that will take the CBN to the next level

It is very wrong and offensive when a CBN governor abuses his post to be employing his girlfriends or promoting his secret lovers( married and unmarried) that arent worthy of that post in office..Take a lesson from the past world bank president that was accused of promoting his office girl friend to a very high post that she wasnt qualified for...

Guess what? he had to resign becos of it.

If this is true Mr sanusi is in deep mess but this is Nigeria, if Ifeayin uba and other subsidy criminals are roaming free then it will be easy for sanusi all he has to do is to appease the gods in politics.

jossy26:

Oga manie, balance for corner dey enjoy okomu and wapco money; well done oo oga @d top top

and first bank too.

Fulanis are becoming a thorn in the flesh in this country..

manie:


This is a thread for investors and investors are matured and focused people.

bros u are highly welcome back to d forum..long tyme..

u just balance for one corner

sellydion: Ebi like say all those koko, kobo stocks wey they for insurance don they start to warm up. somebody no crucify me o.

Happy Investing

Na next week the drama for insurance go start ...I don balance wella for front seat for aiico bus tay tay, but still dey hang for nem bus...anyway make we dey look.

Baba Oyo:


What is insulting about the write-up?
Are you not aware such women exist in real life or what?

@Op...I like ur summary of the various characteristic of some married women these days.....nice eye opener for the bachelors!!!

Olorun o ni je ka gbe egun elegun o

Thank you sir for your post..

Most people especially ladies will say it is insulting meanwhile the characteristics are prommiment in the society today.

Godsfavson:

I dont agree wit u on this... I bought it when everyone was dumping and it was converted to ETI and though the number reduced the value has been soaring lately. And ur dividend comes in ($$$$) Dollars!!!! So pls tell me How is it worthless pls do all u can to find out how many ETI shares u have and build on it cos I see it growing in the future.. My opinion though..

Supported.

BTW why all of una dey code una sef..

God dey.

**folds hand behind back and walks away**

9free: I miss Okumo last rally, now am about to miss another Okumo plus Presco rallies.....
#My bed and kitchen utensils sale.......

How much do you want to recover if you sell you bed and kitchen utensils.