₦airaland Forum

[quote author=yok post=140020995]**WHAT WILL THE MARKET DO TODAY!!**
Market today us a 50/50 chance for both bulls and bears. Looking at the market ordinarily, on the surface we would think market is bearish. However, big money is still buying.
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Market is behaving as expected. There is likelihood that big money will continue to prevent the market from falling further.

It is a little bit unsettling, that investors outside the Country continues to see potentials in the market when the locals are running away. This is a subtle message of issue with leadership and the risk is that when things are really difficult these foreign investors will pull out their money!!!

Let us see how long the bulls can hold the market, what oil will do (unfortunately oil rise benefits the general economy in places like Saudi Arabia, but in Nigeria oil brings more pain to the general public just as if we are not a net exporter if oil, this is an area our economic Managers need to look at).

**WHAT WILL THE MARKET DO TODAY!!**
Market today us a 50/50 chance for both bulls and bears. Looking at the market ordinarily, on the surface we would think market is bearish. However, big money is still buying.

Money inflow to the market is gradually swinging to the positive side, but still low (SELECTIVE INFLOW). Probability of money flowing to the market this week looks reasonable.

So, the market will still stay bullish!!!

Sometimes you look at the fundamentals and you are wondering, can this be true!!! But, fundamentals cares for nobody whether you believe or not. The instruction is "just do it,". Do what the fundamentals says and you will see the good result sooner :Dor latter

TARGET TECHNICAL ANALYSIS LIVE MARKET UPDATE!!!
NIGERIA LIVE MARKET UPDATE 13 JULY 2026 (THESE ARE NOT FINAL FIGURES MARKET STILL OPEN)
The stock market is falling today. The main index dropped by 0.95% as at time of this post. This is just a Pullback, overall market is still bullish

** PREMARKET UPDATE 13 JULY 2026 US
Today is a day to stay away from the market,due to IRAN/US issues and tommorrow's CPI (inflation report). We will likely see a lot of "Red" in the market for today (probably tommorrow too depending on the CPI report which comes out before market opening), so we are only interested in buying pullbacks or fallibg prices or we keep our cash.

Watchlist: XXXX XXXX (not a time to be aggressive in buying).

Best industry is still semiconductors, power utilities are also coming up

**WHAT WILL MARKET DO TODAY**

**All Share Index is expected to close between +0.18% and +0.85% on Monday 13 July 2026. **

The market will continue the bullish trend or consolidate. The 245,000 resistance level is the stumbling block to futher higher movement for the market.bLetcus fold our arms and see what will happen next. Definitely, there are recent good news that can push the market up (but we cannot ascribe all the movement of the market to our Government, maybe 20% to Government and the rest just to circumstances). Like Shell/Chevron now interested in more investments in NIGERIA?

Wishing all the best.

WHAT WILL THE MARKET DO TODAY!!!
The strong bullish trend will likely continue today and will likely continue by next week Monday.

Sometimes predicting what the market will do is difficult. Initially things were looking bad, suddenly some positive news are showing up.

The funny aspect is that money is flowing into the market despite the not so good fundamentals!!!

We should enjoy the rally for now.

US MARKET HAS BEEN VOLATILE!!!
Ai is hot at the moment and there is an essential industry to be in : SEMICONDUCTORS!!!

TARGET TECHNICAL ANALYSIS!!!
What will the market do today. The uptrend is likely to continue or market will trade in a range.

The Allshare index rising yesterday was just due to some firepower from few heavyweight stocks.

Let us see what today havw to offer.

WHAT WILL THE MARKET DO TODAY
The market recovery is likely to continue. We are watching our behind the scene fundamentals, although the fundamentals are not strong, but as long as big money continue to buy stocks, the market has no option but to continue to be bullish.

What I love about this our behind the scene fundamentals is that it tells you when to be a heavy buyer and when to slow down in buying. The only caveat here is that what we buy must have a little bit of the fundamentals the majority are used to. For example, after suffering some losses in the past I will not bother my head if Thomaswyat/Omatek are gaining 10% everyday (all I will do is wish the buyers goodluck)

IN THE MARKET MONEY ENTERING THE MARKET OR A PARTICULAR STOCK IS KING!!!
Looking at figures after market opened I am amazed that money entering the market has made a dull market to now become an interesting one

Despite the record gainers list of 53 stocks to about 12 losers, it means at any time in the market there must still be losers.

Let us use this opportunity well as some bearish fundamental are still hiding in the market.

Let us enjoy this bullish season.

WHAT WILL THE MARKET DO TODAY!!!
**ALL Share index to likely close between +1.12% and +2.35% **

Following market fundamentals is interesting. Money is flowing into the market at the moment. We should expect another day of Market recovery.

TARGET TECHNICAL ASSESSMENT OF OANDO 2025 RESULT!!!
**TARGET TECHNICAL ANALYSIS CAUCUS STOCK PICKS **
QUICK ANALYSIS OF OANDO 2025 FINANCIALS
The handwriting on the wall is "Caveat Emptor"

Oando PLC Full Year 2025 Group Financial Statement Analysis
​Financial Summary Table:
​Item CURRENT (2025) % CHANGE
Gross Earnings NGN 3.21 Trillion -21.4%
Profit After Tax NGN 241.30 Billion +9.6%
Dividend (Proposed) Nil 0.0%
Earnings Per Share NGN 30.00 +66.7%

​Analysis of Salient Points:
​Revenue and Top-Line Contraction The Group recorded a 21.4% decline in revenue, dropping to NGN 3.21 trillion from NGN 4.09 trillion in 2024. This drop was primarily caused by a reduction in lower-margin trading operations in the downstream sector, which fell by 26% from NGN 3.69 trillion to NGN 2.72 trillion. This contraction reflects shifts in Nigeria's domestic refined-product supply landscape, particularly following the scale-up of local refining capacity.
​Upstream Production Growth The upstream business served as a primary operational anchor. Total production grew by 32% year-on-year to an average of 32,482 barrels of oil equivalent per day (boepd), driven by the full consolidation of the Nigerian Agip Oil Company (NAOC) Joint Venture interest and enhanced asset integrity. Crude oil liftings climbed 30%, and gas sales volumes rose by 59%.

​Core Operating Weakness and Non-Operating Support While the bottom line grew, core operating profit fell sharply by 91% to NGN 50.2 billion, down from NGN 569.7 billion in 2024. This contraction was driven by an 82% decline in gross profit alongside rising production costs. The final positive net profit was heavily supported by non-operating factors, including substantial impairment reversals and NGN 226.1 billion in favorable tax credits.

​Balance Sheet and Capital Structure The balance sheet continues to face structural strain, characterized by negative equity due to total liabilities exceeding total assets. However, liquidity showed positive momentum, with cash and bank balances expanding by 71% to approximately NGN 380 billion, driven by stronger financing inflows and asset optimization. Capital expenditure rose significantly to NGN 101.9 billion to support upstream facility enhancements.

​Investor Verdict: Mixed, but Operationally Better positioned for the Long Term.

​For an investor, the Group Financial Statement for December 2025 presents a mixed outcome but leans operationally better regarding long-term structural positioning compared to 31 December 2024.

​Why it is better:
The bottom-line profitability rose by nearly 10%, driving a 66.7% expansion in Earnings Per Share. More importantly, the core business model is successfully shifting from high-volume, low-margin refined-product trading to high-margin upstream exploration and production. This transition is validated by the 32% volume growth in daily output.
​Why caution is required:

**The quality of the 2025 earnings remains low because the net profit was heavily reliant on tax credits and accounting adjustments rather than operating cash generation**. The persistent negative equity and high finance costs mean that capital restructuring plans, debt conversions, and upcoming equity raises remain critical variables for long-term balance sheet stability.

Based on our expected performance, the result is a failure, dispalying stock as high risk.

WHAT WILL THE MARKET DO TODAY!!!
EXTRACT OF REPORT
***NIGERIAN EXCHANGE LIMITED (NGX) WEEKLY MARKET REVIEW AND SECTOR ANALYSIS – WEEK ENDED: 3 JULY 2026 - PLUS IDEAS FOR
6 JULY 2026***

**All Share Index is expected to close between -0.65% and +0.95% on Monday 6 July 2026. **

The sharp rebound on 3 July 2026 appears to have been driven by genuine institutional accumulation, particularly in banking stocks. The highest-probability swing opportunities for the next 3–10 trading sessions are the likes of XXXX, XXXX, XXXX, XXXX etc while caution is warranted in extended momentum names that have already experienced rapid multi-session gains, like AIRTEL

Market Direction:
The market direction exhibits a clear short-term bullish continuation bias heading into Monday trading day. This outlook is strongly underpinned by the massive expansion in market breadth from a restrictive 0.35x up to 2.78x, demonstrating systemic price defense across multiple sectors. While the absolute volume traded contracted by 46.82 percent, the overall turnover value experienced only a marginal decrease of 2.86 percent. This decoupling indicates high-conviction institutional limit absorption and block-trading positioning rather than a broad lack of liquidity.

Watch the key resistance level near 229607 for a decisive close on rising volume before adding fresh equity exposure as the current move shows narrow participation.

This remains a bounce to respect rather than chase aggressively until volume expands.
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What is our take on daily basis for each stock. We give you a daily market roadmap, you become a stock picker yourself with advance information on high probability stocks.

You will no what to buy or sell without waiting for anybody.

11] SELECTION LIST
The best buy will have 3 "BUY ON A LINE
For any with sell, you either sell or wait
*TIP * BUY BUY buy
MTNN WAIT WAIT WAIT
ARADEL WAIT SELL SELL
XXXX BUY BUY buy
XXXX BUY BUY buy
XXXX BUY BUY buy
XXXX BUY BUY buy
XXXX BUY BUY buy

DAILY REVIEW OF EACH STOCK
XXXX 8.18% 41.00 BUY BUY 1:4.33 2 buy
XXXX 9.96% 40.85 BUY BUY 1:4.25 3 buy
XXXX 8.29% 9.80 BUY BUY 1:4.00 4 buy
XXXX 8.41% 5.80 BUY BUY 1:3.66 5 buy
XXXX 10.00% 1.76 BUY BUY 1:3.60 6 buy
XXXX 7.89% 0.82 BUY BUY 1:3.50 7 buy
XXXX 5.52% 17.20 BUY BUY 1:3.45 8 buy
XXXX 5.78% 2.38 BUY BUY 1:3.13 9 buy
XXXX 4.71% 106.75 BUY BUY 1:2.91 10 buy
XXXX 2.67% 1.54 BUY BUY 1:2.85 11 wait
XXXX 5.94% 3.39 BUY BUY 1:2.70 12 wait
XXXX 10.00% 1.65 BUY BUY 1:2.50 13 wait
XXXX 4.03% 7.75 BUY BUY 1:2.45 14 wait
XXXX 7.50% 3.87 BUY BUY 1:2.30 15 wait
XXXX 2.50% 8.20 BUY BUY 1:2.10 16 wait
XXXX 4.73% 3.10 BUY BUY 1:1.95 17 wait
XXXX 9.97% 3.97 BUY BUY 1:1.70 18 wait
XXXX 10.00% 0.88 BUY BUY 1:1.50 19 wait
XXXX 10.00% 5.50 BUY BUY 1:1.45 20 wait

2] ONE LINE EXPLANATION ON EACH STOCK FROM DAILY REVIEW OF EACH TRADED STOCK ABOVE (we will restrict this to buy stocks only subsequently)
TIP: This stock just broke out of a long resting period on huge volume, meaning you risk a very tiny amount of money to make a massive potential profit.

Our reports are high probability comments and backed by market data.

**LATEST MARKET UPDATE: FRIDAY AFTERNOON, 03 JULY 2026**
Report was before final market figure were out, so closing figure may be slightly different from our figures

1. WHAT IS HAPPENING TO THE MARKET RIGHT NOW

The Nigerian stock market is finally showing a small recovery today. After falling and losing a lot of money for several days, the main index is up 1,778 points or 0.79 percent, putting it at 226,100 points. The market bounced back after testing a support level at 225,355 points. This means prices are trying to stop crashing and are starting to go back up because big money buyers are stepping in to help save the day.

2. HOW THE BIG PLAYERS ARE MOVING
The Big Rich Buyers are Stopping the Bleeding

Think of the stock market like a massive market square. For the last few days, big institutional traders were panic-selling and throwing their goods away, which made prices drop fast. Today, those same big players changed their minds. They realized prices got cheap enough, so they stopped selling and started buying up large amounts of shares. This big buying power created a floor that stopped the prices from dropping any further.

3. WHAT THIS MEANS FOR THE EVERYDAY PERSON
The market is showing a green light today, but you still need to be careful. The overall trend for the last few weeks has been downward and rocky. While today is a good day because the big money guys are helping to support the prices, the broader economy is still tough due to high interest rates and expensive shipping costs from overseas trouble. Today is a nice breathing spell, but the market is not completely out of the woods yet.

4 NGX ASI LIVE DATA MATRIX
Asset Current Level Support Resistance Money Direction
NGX ASI 226,100.00 225,354.78 227,387.13 Tactical Inflow

We will continue to follow wher the money is in our reports

AS INDIVIDUALS WE ARE PERSONALLY RESPONSIBLE FOR OUR TRADES.

TARGET TECHNICAL ANALYSIS MORNING MARKET COMMENTS!!!
For now the market is bearish. We are definitely not happy.

However, the market care little about our feelings. ARADEL has strong fundamentals, YES, but big money is rejecting it. Just like when Samuel was looking for David to anoint and some big guys were presented to him, and at one point, he said, let us now use the market now as the decider, ARADEL for now the "MARKET" have rejected you?

So now, we have to pook at stocks that will be annoited by the market in this bearish regime. This week "AUSTINLAZ" look pike the anoited stock?

Our task is now to find the anoited stocks from time to time (also we need to find the rejected stocks and avoid them). The good thing about the market is that it can change its mind constantly.

Wishing all the best.

TARGET TECHNICAL MARKET COMMENT
Our fundamentals is telling us tat market is likely to fall today again.

Reason, a major buyer of falling stocks is stopping buying and looking to join the selling side?

TARGET TECHNICAL ANALYSIS MARKET COMMENT
The market is teaching us an important lesson that only big money and fundamentals moves the market.

Initially I was thinking just like the majority that all those accounts ratios, cashflow statements are the fundamentals. It is okay are part of it, but we may say they represent like 20%. The most important fundamentals are dictated by the market itself, via market actions of the big money.

So looking at the Nigeria market for now, the fundamentals for a bullish market is shacky and may be so until sometimes next year. This sounds painfully but is the reality, we do not need to accept it, but we would see it play out except (I do not like to sound like "the King's economic adviser in the bible concerning that gate of Samaria abundance" who said except God open heaven and pour down supply (this is the way I want to state it) Elijah's prophesy will not materialise.

So the bulk lies on the table of the Government borrowings, if Government continues to suck money our of the economic system by local borrowing, we may not see a bullish market, full stop. And unfortunately this is a Government of "Aluta" (not the labour Aluta, I am referring to the "Aloota" associated with the rulers.

Wishing all the best. Our business continue to be looking for opportunities in the market. Looking at our charts, the real bounce may likely occur around the 225,000 area.

**US MARKET NOT TOO BAD TODAY**
Market is on the positive side. Yes, but our portfolio may not be positive or be moving in the same lin with the market. When this happens, we need to have a look at our portfolio if a situation like this continue for like 3 days to one week.

This is one of the issues that will keep a participant like me, off the social media as I have to study my portfolio to know what is wrong (the market cannot be wrong, at least we have allowed one week to elapsed). So, If I am buying wrong stocks, you know we may want to pick and early reversal candidate, or we hold tight to a stock we believe the fundamentals or medium term prospect is good (recent example is SPCX, for someone that bought a quantity that carries some weight in our portfolio, we are likely to be down despite the general market going up at zhe moment).

If it was during the time I have not improve on my market experience, I may still continue chasing and dollar cost averaging on SPCX).

But using the market as my gauge, I know that I should not add more to my SPCX at the moment, no matter the temptation. My task is now to buy other stocks that are moving along with the market, such that the impact of SPCX on my total performance will reduce.

The above same situation happened to crypto , oil, metals etc, related stocks earlier, now these type of stocks cannot make it to my watchlist at the moment

This i the logic, but cannot be discovered in one day.

TARGET TECHNICAL ANALYSIS– NGX INSTITUTIONAL BRIEFING (EXTRACT). If you need full report, you can send DM
REPORT : 30 June 2026
​GENERAL INTRODUCTION
The Nigerian stock market stayed in a careful, defensive mood on June 29, 2026, as big money managers focused on protecting their cash rather than buying new shares. This short report breaks down exactly where the big money moved and what it means for everyday investors in plain language.

​SIMPLE MARKET RECAP
Major investment firms and pension funds quietly pulled their money out of expensive, widely held sectors to lock in their gains. This caused stock prices to drift down naturally into cheaper, safer territory. While everyday retail savers showed some fear, the big money flow behind the scenes looked like a planned, careful reshuffle rather than a blind panic.

​MARKET ANALYSIS
A deep look at how the big players are trading shows that the market is going through a temporary cooling-off period. Crucially, the actual amount of shares being traded dropped significantly as prices fell. This is a clear sign that the heavy selling is running out of fuel. The big institutional players have intentionally lowered their buying prices, waiting for panicked everyday sellers to finish getting out before they step in to drive prices back up.

​BIG MONEY MOVEMENTS: LOOKING AT 5 POINTS
1. Price Behavior: The drop in prices is mostly happening in big, expensive companies, while a few smaller firms are starting to steady themselves.
2. Trading Activity: Lower trading volumes on a down day prove that the heavy selling from big funds is starting to dry up.
3. Buy and Sell Balance: Big funds are actively unloading their energy stocks, but they are quietly stepping in to buy banking and smaller consumer shares at lower prices, acting as a safety cushion.
4. Investor Mood: Professional investors are playing a patient waiting game, refusing to jump in until they are certain prices have hit rock bottom.
5. The Big Picture Economy: High interest rates and high inflation mean that safe government savings bills are paying out a guaranteed 20 percent return. This is naturally tempting big funds to park their cash with the government instead of buying stocks.

​MARKET DIRECTION PREDICTION
Because the heavy selling pressure is drying up, the market is highly likely to see a minor upward bounce or steady sideways movement soon not likely today. We want to see big volume buying with some price stability.

​TARGET TECHNICAL EQUITIES WATCHLIST DIRECTIVE
Active Buy Tracking: XXXX, XXXX, XXXX, XXXX, XXXX (with XXXX looking highly attractive due to excellent company profits).
Higher Risk Speculative Buys: XXXX, XXXX, XXXX.
Delayed Buys (Wait for a Cheaper Drop): XXXX, XXXX.
Safe Long-Term Plays (Do Not Buy Today): XXXX, XXXX, XXXX, XXXX, XXXX, XXXX.
Undervalued Deals (Wait for Prices to Stop Falling): XXXX, XXXX, XXXX.
Watchlist Wait and Avoid (Patience Required): XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX.
Heavy Selling Risk (Stay Completely Away): XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX.
​CONCLUSION
The weak market headlines hide the fact that selling pressure is actually fading. Smart money is quietly waiting out the tough economic environment while picking up safe, discounted shares on the dips. Regular investors should avoid buying into falling sectors and keep their cash safe until the market shows a clear, volume-backed recovery.

​AS INDIVIDUALS WE ARE PERSONALLY RESPONSIBLE FOR OUR TRADES.

** PREMARKET UPDATE 29 JUNE 2026 US

Our watchlist: XXXX XXXX XXXX XXXX

Looking at the charts, we can see that these stocks have pulled back. The attraction here is the medium term potential.

SECTOR ANALYSIS
The short-term momentum paths are in strict directional agreement with the biweekly structural baseline showing the following sectors as winning and lagging :
1. Semiconductors & Semiconductor Equipment (Leading sector)

2. Software & Services (Leading sector)

3. Technology Hardware & Equipment (Improving sector)

**LAGGING & WEAKENING SECTOR (FOCUS FOR EXITS OR WAIT)
Energy (Lagging Sector)Underperformance: AccelerationTicker Proxies: CVX OXY etc

Automobiles & Components (Lagging Sector)Underperformance: Ticker Proxies: TSLA RIVN CVNA

Capital Goods (Weakening sector)Underperformance: Ticker Proxies: CAT GEV ROK

We are better of on the leading and improving Sectors.

Wishing all the best. Every stock we buy is our individual risk to bear.

WHAT WILL THE MARKETS DO
The market is still bearish. Any bounce should be taken with a pinch of salt.

HAPPY TO SEE THE FORUM BECOMING MORE ACTIVE
But there is a note of caution. Let us be practical with our comments so that we do not give people wrong advice.

Like in the brokers side. Our local platforms still have a long way to go. Still suprised that our local platforms still have stocks/ETF that is available on the likes of VEST but not on the local plaform, examples CRCO, MULL etc.

Going further a platform like Bamboo will be the last I will recommend for anybody, you will be paying one of the highest commission possible with a base of minimum commission of 75 cent, while the main commission is around 1.5% or may be higher now. So, you are already starting with a big handicap of high commission.

For local platform, "HISA" looks better. They are fully alive and fairly responsive when you tell the to add a stock not previously von the platform.

My 10 cent note of caution, please be weary of ideas you should take as authentic. Some people are paper trading and do not have practical grip of the market. Taking ideas from a paper trader can be dangerous.

In conclusion, I will say take action start trading. But, get some background idea and be weary of whom you follow.

Happy investing to all. The market is a serious environment that needs Focus and concentration.

TARGET TECHNICAL ANALYSIS MARKET COMMENTS

**ALL Share index to likely close between -0.77% and +0.80% **

Downtrend bias for the market still in place. Possibility of bounce still possible, but fundamentally the bounce may be a trap looking at current money flow for the market

Market volume is indicating that more players are moving to defensive stocks which are equally in strong downtrend for the majority.

WHAT WILL THE MARKET DO TODAY!!!
This is a time that some portfolios will likely see nore losses.

The fundamentals of the market is currently not favourable.

This is extract from a daily report!!!

Wishing all the best.

TARGET TECHNICAL ANALYSIS MARKET COMMENT
I am always exited when the FPIs shows up in the market.

But my Suprise is that they always show up close to the market bottom.

Okay, let us see how today will play out. We expect a recovery day. Some banks are in their shopping list and they are also selling some banks.
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MORE DETAILS of our opinion for today:
**NIGERIA STOCK REPORT 23 JUNE 2026 FULL REPORT**
**ALL Share index to likely close between -1.25% and +0.65% **

Today is likely to be a recovery day, similar to Monday. Foreign investors are active again. They bought XXXX and XXXX, and sold XXXX and XXXX.

WHAT TO BUY

XXXX – Looks like we are buying at a cheap point.
XXXX – A medium-term play, but we may wait if you have no patience.
XXXX – Our speculative buy recommendation.

FUNDAMENTAL STOCKS (FOR MEDIUM-TERM HOLDING)

XXXX, XXXX, XXXX, XXXX, XXXX

UNDERVALUED STOCKS (GOOD ROI)

XXXX, XXXX

WHAT TO WAIT FOR OR AVOID FOR NOW

XXXX, XXXX, XXXX

STOCKS UNDER SELLING PRESSURE

XXXX, XXXX, XXXX, XXXX, XXXX, XXXX

IMPORTANT NOTE

Big money is only interested in a few stocks with solid fundamentals right now. We need to align with that strategy.

Wishing all a good day.

OUR EXPECTATIONS FROM R THE US MARKET TODAY
The IRAN/US war period was a terrible time for the market, nearly all news and market reports became irrelevant.

We hope IRAN will accept the bounty they have been offered and allow the oil/related markets to have some peace.

Today, we see SMCI as good buy. We hope the company will keep away from trouble.

WHAT WILL THE MARKET DO TODAY??
We expect some slight Optimism in the market as a follow up of the good result from one of the good oil stocks.

For Oil price, we should know that no big price spike will likely come up again, IRAN trying to play game with the whole world oil supply pathway will start attracting opposition from ofher Nations that have not shown any interest previously on the matter, the concession from the US is likely to be the best possible at the moment. However, for Nigeria oil sector the peace deal has no effect on likely better performance for 2026.

OANDO's result will also drop any moment from now, the report on the surface may not be fantastic, but looking under the veil, it will still be a good one, but the future performance for OANDO is shacky.


SECTION 1 – MARKET OVERVIEW

The stock market fell for the sixth day in a row. The main index dropped 1,463 points to close at 235,941. Market value fell to 151.33 trillion Naira.

Trading slowed sharply on Friday. Volume dropped 25% to 467 million shares. Total money traded fell 29% to 24.96 billion Naira. Out of 131 stocks, only 21 gained while 31 lost value. Sellers were still in control, but selling pressure was less intense than earlier in the week.

Weekly trading totalled 3.075 billion shares worth 254.6 billion Naira. Financial Services dominated activity with 67% of total volume. The most traded stocks were Access Holdings, Sterling Financial Holdings, and Jaiz Bank.

SECTION 2 – KEY NUMBERS

Main index: 235,941 points
Daily change: down 0.62%
Market value: 151.33 trillion Naira
Weekly change: down 3.59%
Breadth: 21 winners, 31 losers
Oil price: 80.38 dollars per barrel

SECTION 3 – WHY THE MARKET MOVED

1. More sellers than buyers
Several stocks closed with huge sell orders and no buyers. Some stocks like XXXX had zero buy orders at the close. On the other hand, XXXX and XXXX had huge buy orders waiting, meaning institutions wanted more shares than were available.
2. Where big money moved
Institutions sold bank stocks (XXXX, XXXX, XXXX) and insurance stocks (XXXX, XXXX) heavily. The money flowed directly into energy stocks (XXXX, XXXX) and mid-cap turnaround plays (XXXX, XXXX, XXXX).
3. Big volume on down days
XXXX had the highest volume of the day at 35 million shares, but the stock dropped nearly 5% – a classic sign of big investors selling. XXXX also saw heavy volume and dropped nearly 10%. On the buying side, XXXX and XXXX both saw volume spikes with positive price moves, confirming big investors were buying.
4. Reversals and breakdowns
XXXX fell another 7.5% and is now down 16% from its June 11 high. XXXX dropped nearly 10% to 115.55, its lowest level in weeks. XXXX reversed sharply from 4.45 to 4.89 on strong volume, confirming buyers have taken control after heavy selling.
5. Risk mode is fully on
The market has now fallen for six sessions in a row. The index has lost over 8,000 points from its June 11 high. All new positions should be reduced to 30% of normal size.

SECTION 4 – BEST STOCKS TO BUY
High-conviction buys:
XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX, XXXX

Stocks to watch (rotation watchlist):
XXXX, XXXX, XXXX, XXXX, XXXX, XXXX

SECTION 5 – STOCKS TO AVOID
XXXX: Multiple days of collapse and fresh 10% drop.
XXXX: Heavy selling all week and banking sector weakness.
XXXX: Big institutional selling after a major run.
XXXX: Persistent losses.
XXXX: Deep losses with weak recovery.
XXXX: Still the weakest stock despite a strong bounce.

SECTION 6 – BEST RISK/REWARD STOCK
XXXX is the top pick. There may be some pullback or consolidation, so be patient.

SECTION 7 – MARKET SUMMARY

Current state: Sellers in control / defensive cash preservation.
Leading sector: Oil and Gas.
Speculative activity: Moderate.
Selling risk: High.
Best opportunity: Early-stage stocks with positive buying patterns.

Plan for next session: Protect your capital. Avoid damaged bank stocks. Focus only on selective stocks like XXXX, XXXX, and XXXX. Keep cash levels high until the market improves.

SECTION 8 – OTHER PICKS
Focus stocks: XXXX, XXXX
FPI selling: ACCESS, XXXX. Around the time that the Minister of Finance was changed, FPIs that are Equity specialists have been selling. And unfortunately for Nigeria, the start of the peace deals made Nigeria unattractive couple with better returns available in other emerging markets plus the US technology stocks delivering the best performance in recent times, Nigeria Government need to embark on investment promotion continuously to see if foreign investors will take risk on the Country?
Momentum picks: XXXX, XXXX, XXXX
Other trend picks: XXXX, XXXX
Speculative/reversal picks: XXXX, XXXX, XXXX, XXXX, XXXX, XXXX

CONCLUSION
The bear market is now six sessions old. The index has lost over 8,000 points. However, selective energy and mid-cap stocks are showing strong buying from big investors. XXXX, XXXX, XXXX, and XXXX are the best buys. Avoid banks and insurance companies. Protect your capital first. The current strategy is defensive and cash-focused.

Arijude:
good day sir. I can see that you're an oldie in this platform. Respect sir. Please could you recommend US stocks for me for a capital of 600k naira.

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Interesting. I will say that the best way for you ro have the best stock picks is to get some knowledge about the market.

I can recommend some stocks for you, but will you know how to manage the trades to ensure that a profit does not turn to a loss.

Also, with the capital you want to start with (looks reasonable), it may be better for you to seek guidance first so that you do not become one of those that started but are nowhere to be found as at today.

Wishing you the best of luck. By the way tell us the trading platform you are using, this is the 1st hurdle!!!

WHAT WILL THE MARKET DO TODAY!!!
The market is moving towards a bearish stage.

It is very surprising that when the FPIs are out of the market, the recovery of the Nigeria market is a little bit challenging.

Let us see if the market can recover with just the local participants.

TODAY IS A LIKELY RECOVERY DAY
But is a day we would likely stay calm, we are not interested in making any buy decisions.

Note that Friday 19 June 2026 is a market holiday.

Buying stocks prior to holidays is not always advisable.

TARGET TECHNICAL ANALYSIS

NIGERIA: OIL ISSUE TEMPORARILY LAID TO REST WHAT NEXT FOR THE NIGERIA MARKET

https://dailypost.ng/2026/06/18/war-trump-iranian-president-masoud-pezeshkian-sign-peace-deal/#google_vignette

**ALL Share index to likely close between -0.12% and -0.40% **

But Nigeria market looks dull at the moment. Most good stocks are in the back sit. Our stock picks for looks very few, mostly made up of non popular stocks.

**Stock picks**
MOMENTUM PICKS XXXX

SPECULATIVE PICKS (high risk) XXXX XXXX

REVERSAL/CONSERVATIVE BUYS (may pullback, needs time) XXXX XXXX XXXX XXXX

TREND/SECTOR PICKS

TOP STOCKS PICKS XXXX XXXX XXXX

SPECULATIVE REVERSAL PICKS XXXX XXXX

STOCKS UNDER SELLING PRESSURE: INTENERGINS CONHALL OKOMU LEGENDINT

N:B- We are personally responsible for our individual trades.

QUICK RECAP OF MARKET CLOSE 16 JUNE 2026 (Report Extract)- TARGET TECHNICAL

WHAT THE MARKET DID
The stock market fell 0.53% on Tuesday, 16 June 2026. More people sold shares than bought them.

But underneath, big investors were quietly busy. The number of shares traded fell 6%, but the total cash value of trades jumped 17%. That tells us that small traders were scared, while large funds were moving billions of Naira into specific stocks.

WHAT BIG INVESTORS WERE DOING
Buying pressure was strong in stocks like CONOIL and PRESTIGE. Buyers swept up every share available.

===================================

Comparative Summary (16 Jun 2026 vs 15 Jun 2026)
​Details 16 JUN 2026 15 JUN 2026 %CHNG
AllShare In 241984.80 243271.57 -0.53%
Mkt Cap (T) 155.20 156.10 -0.58%
VOL (M) 535.40 569.09 -5.92%
Value (B) 36.74 31.40 +17.01%
Deals 55041 77560 -29.03%
Gainers 19 20 -5.00%
Losers 37 47 -21.28%
YR Gain 55.50% 56.33% -1.47%
Mnth Gain -3.29% -2.77% +18.77%
Wk Gain -1.03% -0.50% +106.00%
Mkt brdth 0.51 0.43 +18.60%
Brent USD 79.74 83.17 -4.12%
Naira NAFEX 1359.33 1357.56 +0.13%
MPR% 26.50% 26.50% +0.00%
​Market Liquidity showed an institutional volume/value divergence as total volume declined by 5.92% while turnover value expanded significantly by 17.01%, indicating high-value block positioning amidst a broader market selloff. Market breadth remains structurally negative at 0.51x despite improving from the previous session, confirming that systemic supply continues to dominate equity floors. With aggregate volume printing at 535.40 million shares, the market remains above the 400M threshold, validating an active Day 2 Bearish Cycle under Taylor's 3-Day Rhythm. The benchmark index contraction was highly systemic across major domestic sectors, with local currency depreciation to 1,359.33 NAFEX further compounding foreign portfolio caution.
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Selling pressure dominated in stocks like XXXX and XXXX. Sellers overwhelmed buyers.

A large block trade of XXXX shares was done at a price above the market. That suggests big money sees that stock as a long-term bargain.

The overall market is below its short-term average, which is a warning sign. It means you should not buy random stocks now. Only buy companies that are showing real strength.

Computer models predict the market has a 43% chance of going up today and a 57% chance of going down. So we are in a short-term downward cycle. Patience is key.

WHICH STOCKS ARE STRONG
XXXX and XXXX are showing good momentum and are ignoring the market's weakness.

XXXX scored perfectly on all technical checks. Big money is actively buying it.

Some major banks like XXXX, XXXX, and XXXX are trading below what they are really worth. They are on sale for patient investors.

STOCKS TO AVOID

Avoid XXXX, XXXX, XXXX, XXXX, XXXX for now.

WHAT TO EXPECT TODAY
The market is likely to be sideways to slightly lower. The main index closed below its short-term average, which puts a brake on buying.

Oil prices have dropped to near 80 dollars per barrel, which may reduce the attraction of the Nigeria market to FDIs.

Expect some early selling pressure, especially in banking stocks, but the market may stabilise later in the session as big investors step in.

BOTTOM LINE
The market is cooling off. Oil prices are down, and banks are under pressure. But big money is not leaving the market – it is just moving from banks into industrial stocks, oil companies, and selected banks like XXXX.

WHAT YOU SHOULD DO
Do not panic sell your strong shares. Avoid weak stocks where big investors are dumping. Consider adding to high-quality stocks like XXXX and the discounted banks while they are on sale.

Keep your position sizes smaller than usual until the market shows a clear recovery signal. Stay patient and focused on strong individual companies.

We can plan with the above for the market today:

Institutional buys: XXXX, XXXX, XXXX

Institutional Selling: XXXX, XXXX

Trend/Sector Picks: XXXX, XXXX, XXXX

Speculative Stock Picks: XXXX

Avoid: XXXX, XXXX, XXXX, XXXX, XXXX

Full Bid Candidates: XXXX