Last week, the valuation of stocks on the Nigerian Exchange rose by 1.16 per cent as more fund chased shares in affirmation of investors’ faith that the market could still deliver good yield beyond the earnings season.
The market has returned 5.17 per cent year to date and there are possibilities that that will be higher at year end.and other potential, adopting key analytical approaches to save you the hassle of randomly picking equities for investment. The selection, a product of analytical market watch, offers a guide to entering the market and taking strategic positions in hopes that equities will gain value with the passage of time, particularly in the short term.
This is not a buy, sell or hold recommendation. You may have to involve your financial advisor before taking investment decisions.Nascon makes this week’s selection for trading at its lowest price in 52 weeks, making it relatively cheap for investors in search of stocks offering a good bargain. It is priced at N13.20 per unit, has