₦airaland Forum

PETERiCHY:
OANDO is taking CAPTIVES while gradually heating back to 20 junction,

BARGAIN HUNTERS TAKE NOTE!!

PuristForest:
Market has been largely sideways for the most of October, investors are growing weary, uncertain of tax implication and few may have info on alleged c%up and that also raises uncertainty...........we wait and build liquidity!
- insurance - still think insurance subsector needs a bit of correction tsunami.... like sunuassur¬5, sovrenin¬2, univinsure¬0.86
- Aradel - think aradel only hit a wave 2 and will make a lower low...4m worth purchase is nothing...
- Oando - nothing controversial about oando, its doing what its supposed to do in the market
No emotions, stay alert, stay ahead & DYOR !!!
ewnation/ngx
x/ew_nation

pluto09:
Index moved from 142 to almost 150 and you said investors are growing weary.

pluto09:
Index moved from 142 to almost 150 and you said investors are growing weary.

mikeapollo:
Some bought recently around N40-N60 to get the share redistribution bonus and may be waiting for the next rally from news of good results, Angola oil bloc, T&T refinery etc.

leo1234:
Where una dey see this money 🤔

GeneralDae:
I tire oo. October has been one of the best months this year so far. I think only in July has the market performed better in the first 15 days.

SpaceX:
its everywhere all you have to do is see, open your see, follow who know road.......

leo1234:
Okay sir. 😁

Raider76:
https://guardian.ng/business-services/irad-decries-alleged-unpaid-debts-by-oando/

SpaceX:
every month keep outperforming itself for me, keep pushing, it's a process. I was once in your stage of growth.......

GeneralDae:
?

jideflash:
Access Holdings ooo. make una release Q2 na.

GeneralDae:
I tire oo. October has been one of the best months this year so far. I think only in July has the market performed better in the first 15 days.

chimex38:
Welcome to his cruise.
He just introduced himself to you.

ositadima1:
One of the best in what terms? If you’re simply looking at the ASI, then I’d ask, can you trade the ASI? If a few highly capitalized stocks move up, does that automatically mean the market performed well?

My definition of a good month is based on how many stocks crossed the 10% threshold within that month. Why? Because out of over 130 listed stocks, it’s very unlikely that we all picked the few top performers. Therefore, the more stocks performing positively, the better the month, irrespective of market capitalization.

A 10% gain in Airtel Africa is the same as a 10% gain in Chams in percentage terms. So, I attached a table showing the number of stocks that gained over 10%, those that lost more than 10%, and the total sum. This month doesn’t even rank among the top four yet.

GeneralDae:
I get your point but I was looking strictly at the ASI.

GeneralDae:
I tire oo. October has been one of the best months this year so far. I think only in July has the market performed better in the first 15 days.

Streetinvestor2:
It is obvious u come here for politics. How is it the best.That one or two keep draging that thing called ASI up means the market is wonderful. How many people trade the ASI.I can tell u meany don't even know u can trade it.Only Dangote Cement can drag it to 200k without impact on people portfolio generally.
They need to review how that ASI is calculated or determined .It is now looking like a joke (scam)

KarlTom:
This whole media outcry is a result of a contractual lapse on their part.

Evidently Mr Tinubu has deployed his legal skills to incapacitate them else they would have sought redress in the courts instead of resorting to cheap blackmail...

GeneralDae:
I get your point but I was looking strictly at the ASI.

ositadima1:
One of the best in what terms? If you’re simply looking at the ASI, then I’d ask, can you trade the ASI? If a few highly capitalized stocks move up, does that automatically mean the market performed well?

My definition of a good month is based on how many stocks crossed the 10% threshold within that month. Why? Because out of over 130 listed stocks, it’s very unlikely that we all picked the few top performers. Therefore, the more stocks performing positively, the better the month, irrespective of market capitalization.

A 10% gain in Airtel Africa is the same as a 10% gain in Chams in percentage terms. So, I attached a table showing the number of stocks that gained over 10%, those that lost more than 10%, and the total sum. This month doesn’t even rank among the top four yet.

pluto09:
The ASI upward movement in the month of October is a pointer to the fact that investors as against speculators are still betting on the NSE

awesomeJ:
It's the sole indicator of market performance. But in this market, there are the players and there are speculators that try to analyze what they don't understand.

pluto09:
The ASI upward movement in the month of October is a pointer to the fact that investors as against speculators are still betting on the NSE

PuristForest:
Market has been largely sideways for the most of October, investors are growing weary, uncertain of tax implication and few may have info on alleged c%up and that also raises uncertainty...........we wait and build liquidity!
- insurance - still think insurance subsector needs a bit of correction tsunami.... like sunuassur¬5, sovrenin¬2, univinsure¬0.86
- Aradel - think aradel only hit a wave 2 and will make a lower low...4m worth purchase is nothing...
- Oando - nothing controversial about oando, its doing what its supposed to do in the market
No emotions, stay alert, stay ahead & DYOR !!!
ewnation/ngx
x/ew_nation

Ref:
https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/9511#136559823

ositadima1:
Lol. What’s your understanding? I’m curious, do you even know how the ASI is calculated?