The Nigerian bourse was dominantly bearish last week by reason of profit-taking efforts that saw market capitalisation crumble by N662.657 billion, as the market recorded losses all week but Thursday.
We have curated a number of stocks you should watch out for this week based on some market developments last week and a couple of fundamental factors.Stocks to Watch is a selection of stocks monitored for potential trading or investment. An investor may randomly assemble some equities for investment purposes. But we have done that meticulously on the basis of certain yardsticks to save you that hassle.
It is worthy of note that this is not a buy, sell or hold recommendation. It is advised you consult your financial advisor before taking any investment decision.Mutual Benefits features on our list on the basis of its impressive Full Year 2020 unaudited financial result, which saw after-tax profit jump by 25.9 per cent to N4.548 billion.JAPAUL GOLD & VENTURES PLC
Japaul Gold appears on our list for trading significantly below its intrinsic value. It sells for N0.71 per share, has an EPS of N6.88 and a PE ratio of 0.11.