Selloffs in Bellwether Stocks Reduce Market Value by N174bn
https://businesspost.ng/economy/selloffs-in-bellwether-stocks-reduce-market-value-by-n174bn/

Funding Rates Fall to 14.83% as Investors Prepare for OMO Auction
https://businesspost.ng/economy/funding-rates-fall-to-14-83-as-investors-prepare-for-omo-auction/

NASD Exchange Market Cap Falls to N501.73bn
https://businesspost.ng/economy/nasd-exchange-market-cap-falls-to-n501-73bn/

Crude Oil Prices Rebound as OPEC Pushes for Further Cuts
https://businesspost.ng/economy/crude-oil-prices-rebound-as-opec-pushes-for-further-cuts/

AfDB Anticipates EU-Like Regional Integration for Africa
https://businesspost.ng/economy/afdb-anticipates-eu-like-regional-integration-for-africa/

FG Tasks CBN, SEC, FIRS, ICPC, Others to Block Illicit Financial Flows
https://businesspost.ng/general/fg-tasks-cbn-sec-firs-icpc-others-to-block-illicit-financial-flows/

Bomboclad:
$55.6 now. Oil price will close THIS week @ $56.74 and resume an upward trend next week. No dulling!

It will likely hit 57+.

But i see another leg of fall towards 53. If 53 is broken, then hmmmmm.

Intendy:
Stocks with new 52 week lows

International breweries #8.80k

GSK #5.00k

Mobil #133.20k

Stock with new 52 week highs

Law Union and rock #0.92k

Kilode!

Lower lows beget more lower lows.

Toluway:
While i haven't seen significant drop in stock prices since Monday this week, I've been seing some stocks consistently gaining 9%, 8%, 7%, 5% etc in capital appreciation.
I begin to think that prices are no longer likely to fall, and enjoin the visionaries in this forum to start coming up with stocks pick. Thanks.

Just relax and go and play WHOT.

The market will go up slightly and pack people for trapping.

Toluway:

Break it down Prof. It's not about me. I want prices of my favourite stocks to reduce, but they have stopped deprecating in prices. While some other stocks have been appreciating in prices. Cant you see ? !
The bear has been grossly exaggerated. I'm not afraid of expressing a different opinion.
I'm not suggesting we should stop waiting, patience is king, but let start talking about stock picks.
You can't claim not to know that a lot of blokes here have secretly started buying back into the market since Monday!
I'm only suggesting please.

If your gut tells you that people here are secretly buying, why don't you buy? Abi?

RabbiDoracle:


If your gut tells you that people here are secretly buying, why don't you buy? Abi?

Na so Sir

Just buy and dam the consequences

Loooooool

Global stocks gain after China cuts U.S. import tariffs, virus fears wane.

Oil @$56+

https://www.investing.com/

sellydion:
Global stocks gain after China cuts U.S. import tariffs, virus fears wane.

Oil @$56+

https://www.investing.com/

It has not o.

Most shops are still closed o. I read that a company had to give her employees 3 weeks leave without pay to see if the spread wanes.

The only thing moving market is just news of Chinese govt cash injection. In fact, chinese government said they could be buying stocks to support prices


Read this:

https://www.france24.com/en/20200206-china-coronavirus-world-health-organisation-epidemic-japan-cruise-ship-quarantine

https://oilprice.com/

Bonny light at $56.6 spot
Brent $56.16

RabbiDoracle:


It has not o.

Most shops are still closed o. I read that a company had to give her employees 3 weeks leave without pay to see if the spread wanes.

The only thing moving market is just news of Chinese govt cash injection. In fact, chinese government said they could be buying stocks to support prices


Read this:

https://www.france24.com/en/20200206-china-coronavirus-world-health-organisation-epidemic-japan-cruise-ship-quarantine

RabbiDoracle:


If your gut tells you that people here are secretly buying, why don't you buy? Abi?

I wonder o !

RabbiDoracle:

Just relax and go and play WHOT.
The market will go up slightly and pack people for trapping.

Thanks Boss

Toluway:
While i haven't seen significant drop in stock prices since Monday this week, I've been seing some stocks consistently gaining 9%, 8%, 7%, 5% etc in capital appreciation.
I begin to think that prices are no longer likely to fall, and enjoin the visionaries in this forum to start coming up with stocks pick. Thanks.

We are in a dynamic market.
Either bear or bull, some stocks will still outperform the market...
If you can identify any stock that you think will deliver, nothing stops you from going ahead to buy it, your stock picks do not need validation from anybody.......

WHY WE GO FOR ....

https://www.nairaland.com/3560501/holineness-righteousness-revival-messages-bible/28#86419921

E ku market oo.
No early dumping witnessed.
Market looking up today. Is it too early for this conclusion? We wait and see..............

FUGAZ showing early signs of strength............. considering the bid and offer size.

Oga Mendes sighted on Zenith table looking for bargain. No time for 'tear shirt' commentary for now. Lolz.

Smile

Mcy56:
Oga Mendes sighted on Zenith table looking for bargain. No time for 'tear shirt' commentary for now. Lolz.

emmanuelewumi:
Nestle is not a bad stock, but I won't advise a young man or newbies to buy Nestle.
It is a defensive stock that won't disappoint you

Think this is a good advice.
Why staying forever inside Nestle for dividend when you can get good bargains in other cheaper stocks?
Just my opinion too.

Mcy56:
Oga Mendes sighted on Zenith table looking for bargain. No time for 'tear shirt' commentary for now. Lolz.

Hmm. You always come out early to rejoice and quickly goes into hiding. Am happy you are happy, for now though.

Don't forget you were celebrating 7m bid against 1m offer of FBNH yesterday morning.

#Heels.

Investor motives play alot in stock market.

Mcy56:

Think this is a good advice.
Why staying forever inside Nestle for dividend when you can get good bargains in other cheaper stocks?
Just my opinion too.

mendes911:
Hmm. You always come out early to rejoice and quickly goes into hiding. Am happy you are happy, for now though. Don't forget you were celebrating 7m bid against 1m offer of FBNH yesterday morning. #Heels.

Lol. Did I not tell you that Mr. Market will disappoint you? You waited till 1pm but didnt have any 'bear' commentary to make till market closed.
Those that entered FBNH Xtyday entered at a bargain. These things works in two ways.

Mcy56:

Lol. Did I not tell you that Mr. Market will disappoint you? You waited till 1pm but didnt have any 'bear' commentary to make till market closed.
Those that entered FBNH Xtyday entered at a bargain. These things works in two ways.

Same way Access was a bargain at 9.60 a week ago. You and bargain prices tooh.

LOL. Enjoy your gains. I know when to pounce oooo. I have my own plan I have been trading. Market can gain 10% today for all I care.

Come take me out once you sell your UBA, Access and FBNH. I no too cost!

mendes911:
Same way Access was a bargain at 9.60 a week ago. You and bargain prices tooh.
LOL. Enjoy your gains. I know when to pounce oooo. I have my own plan I have been trading. Market can gain 10% today for all I care.
Come take me out once you sell your UBA, Access and FBNH. I no too cost!

The bolded exactly sir.
Individuals have their strategy and because no one can time the market, its difficult to just make assumptions all the time.
Stick to yours, I stick to mine. Shikena!

For the taking out, someone is ready to help you keep fit with football, everything is not chop-chop. Just check the comment above yours.

Zee don waka for now ..funny stock

UBA, FBNH, Zenith..............moving already..............up

Mcy56:

The bolded exactly sir.
Individuals have their strategy and because no one can time the market, its difficult to just make assumptions all the time.
Stick to yours, I stick to mine. Shikena!

For the taking out, someone is ready to help you keep fit with football, everything is not chop-chop. Just check the comment above yours.

I can be a lot of things but you can never see me recommending a stock neither do I advice anybody to buy or sell at any point. I just come here to catch my fun whenever stocks dance to my tone. Enjoy your bargain oooo

lancee:
Zee don waka for now ..funny stock

19/19.10 was the support as at yesterday. I hope those looking for support/bargain entered before it moved.

Meanwhile, law unionites should enjoy their bonanza while it lasted. Every stock get its own time. ......just be watchful at the N1 junction.

Mcy56:

19/19.10 was the support as at yesterday. I hope those looking for support/bargain entered before it moved.

Meanwhile, law unionites should enjoy their bonanza while it lasted. Every stock get its own time.

U re right ...that mkt mode yester i dey cautious lil bit to buy more ..today the thing don zoom

Mr mkt hard to time !!

lancee:
U re right ...that mkt mode yester i dey cautious lil bit to buy more ..today the thing don zoom
Mr mkt hard to time !!

Towards closing, market was already showing sign of recovery, only that people were still afraid cos they dont know the next thing.
One guy got it right here.............Willi........ Sometimes, one will just have to take some gambles ni.

lancee:
Zee don waka for now ..funny stock

lancee:
Zee don waka for now ..funny stock

Sigh. We are all pencils in the hands of Uncle Jim. (In Superstory Voice)

lancee:




U re right ...that mkt mode yester i dey cautious lil bit to buy more ..today the thing don zoom

Mr mkt hard to time !!

Oga people don dey shout since Tuesday say banks don hit support, that one no be timing ni
Na fear grip u Lol