Stockmarket
In their projections, analysts at United Capital Plc said that they do not expect equities to continue to weaken except the fundamentals move in the unfavourable direction.“On one hand, we do not expect equities to continue to weaken unless fundamentals move in an unfavorable direction. On the other hand, though the market is clearly mispriced on both a fundamental and technical perspective, a near-term recovery in equities would only be spurred by a catalyst,”they said.
Also, analysts at Afrinvest Securities, said: “Despite the overall negative performance, we observed increased buying activity on bellwether stocks, and we expect this trend to be sustained in the coming week as investors seek to take position in attractively priced stocks. However, in the absence of major triggers that could drive positive sentiments, we maintain a bearish near-term outlook.”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Better retirement life for market women, traders, artisans, others - Vanguard News NigeriaTHE Micro Pension Scheme, MPS, has finally kicked-off after close to six years of planning and delays with the formal launch of the Micro Pension Plan, MPP, by President Muhammadu Buhari, on Thursday, March 28, 2019.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Low liquidity: NSE market capitalisation loses N210bn - Vanguard News NigeriaThe bears remained on rampage on the Nigerian Stock Exchange (NSE) on Wednesday with the All-Share Index dropping below 30,000 mark due to persistent sell pressure.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Route-to market firm repositions for fifth year - Vanguard News NigeriaAs part of the build-up to the activities marking the celebrations of her fifth corporate anniversary, Wellshire Mutual Enterprises, a design consultancy and route-to-market firm for Italian and European business in Nigeria has undergone a rebranding and change in her corporate identity.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Ecobank boost financial inclusion with Ecobank Pay at Ariaria market - Vanguard NewsMANAGING Director, Ecobank Nigeria, Patrick Akinwuntan, has assured businesses in Ariaria Market, Aba, of better ease in receiving their payments.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
CAPITAL MARKET MASTER PLAN: Implementation of 13 initiatives completed — SEC - Vanguard NewsTHE Securities and Exchange Commission, SEC, has indicated that of the over 90 initiatives outlined in the Capital Master Plan, it has completed implementation of 13 out of the 66 it started implementing since 2015.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
Ecobank takes EcobankPay zone to South East market - Vanguard News NigeriaEcobank Nigeria has taken its digital product, EcobankPay Zone to the South East market with a launch at the popular Ariaria Market, Aba.
Source: vanguardngrnews - 🏆 5. / 75 Read more »
11 years after, Kamba community tasks FG on promised border market – Daily TrustThe people of Kamba, a border town in Kebbi State, have called on the federal government to revisit the promise it made to site an International Border Market or Export Processing Zone in the community. They said the federal government, under the leadership of former President Olusegun Obasanjo, promised to site the market in the …
Source: Daily Trust - 🏆 13. / 51 Read more »
NSE Market Capitalisation Increases By N24bnThe Nigerian Stock Exchange (NSE) market indicators reversed negative trend on Friday with a marginal growth of 0.21 per cent. Specifically, the All-Share Index which opened at 29,553.12 grew by 63…
Source: LeadershipNGA - 🏆 4. / 77 Read more »
Lalong to rebuild burnt multi-billion Jos Main Market – Daily TrustThe Plateau Government says it is set to start rebuilding the multi-billion Jos Main Market burnt in 2004 The state government had earlier engaged experts to conduct an integrity test of what was left of the burnt market and advise it appropriately.ADVERTISEMENT Mr Yakubu Dati, Commissioner for Information and Communication told newsmen on Wednesday in … story for the gods.
Source: Daily Trust - 🏆 13. / 51 Read more »
Nollywood gets Emerging Market Award in Las Vegas - The Nation NigeriaOfficial Convention of The National Association of Theatre Owners (NATO), otherwise called CinemaCon, has honoured the Nigerian movie industry with the Emerging Market Award. Sponsored by ComScore, an American media measurement and analytics company, the recognition came to Nollywood, as movie theatre owners gathered at the Ceasars Palace, Las Vegas, U.S.A. from April 1 to …
Source: TheNationNews - 🏆 6. / 69 Read more »