Stocks: Investors scout for hidden value as market turns bearish

By TESLIM SHITTA-BEY As Nigeria’s Stock Exchange’s All Shares Index (ASI) dips below a year-to-date yield of zero per cent (-4.58 per cent at the close of the previous week’s business on Friday), a growing number of investors have put gun sights on emerging hidden value opportunities in the market. So far the results have been mixed. The More...

by Uchenna Ajah | Published 2 months ago
By Uchenna Ajah On Sunday, August 5th, 2018
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Nestle’s surging profits confound market

By OKEY ONYENWEAKU Nestle Nigeria has resisted the smothering effect of a weak economy and raised its head high. Pushing back on the harsh macro-economic environment, the company beat analysts’ expectations in More...

By Uchenna Ajah On Sunday, July 15th, 2018
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Bearish market force investors to retreat

By TESLIM SHITTA-BEY Investors have had a turbulent time with the  stock market this year; right from the end of the first quarter of the year when the market’s main board went into a tailspin, investors More...

By Uchenna Ajah On Sunday, July 1st, 2018
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Big banks in equity market slump

By OKEY ONYENWEAKU Investors are seeking bumper harvests by year end as they begin to cherry pick low priced banking sector stocks. Price earnings ratio (P/E) for banks has continued to dip over the last two quarters More...

By Uchenna Ajah On Thursday, June 21st, 2018
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Seplat Petroleum succumbs to profit taking

Seplat Petroleum, for the second day running topped the losers’ table on the Nigerian Stock Exchange (NSE), dropping by N32.20 to close at N685 per share, amid profit taking. Seplat Petroleum succumbs to profit More...

By Uchenna Ajah On Monday, June 11th, 2018
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Rising Price of Crude: Mixed performance trail Oil and Gas companies

By OKEY ONYENWEAKU Contrary to investor expectations the Oil and Gas sector of the local stock market is failing to provide the market with the boost needed to shake it out of a bearish rut. Indeed, the sector seems More...

By Uchenna Ajah On Sunday, June 3rd, 2018
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Bears maul Bulls as investors take flight

—Analysts fear more loses By OKEY ONYENWEAKU With Nigerian Stock Market Index turning negative growth after 19 weeks of positive year to date yields, investors are becoming increasingly jittery over the markets More...

By Uchenna Ajah On Sunday, June 3rd, 2018
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Stocks: Investors search for locked value

By TESLIM SHITTA-BEY As the Nigerian Stock Exchange’s All Shares Index (ASI) dips below a year-to-date yield of below 5 per cent (3.01 per cent at the close of the previous week) a growing number of investors More...

By Uchenna Ajah On Wednesday, May 30th, 2018
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NSE: Nestle tops losers’ chart

Nestle one of the most highly capitalised equity on Wednesday at the Nigerian Stock Exchange (NSE) recorded the highest loss to lead the losers’ pack with N60 to close at N1,540 per share. NSE market indices extend More...