Living Trust leads this week’s pick on the back of a two-fold and a half jump in after-tax profit for the first quarter that took bottom line to N247.1 million.As the light fades out on the window for releasing 2021 corporate earnings reports, traders’ and investors’ gaze will be shifting to the financials for the period from January to March, which in all likelihood will have a broad indication for the market’s fate in the short term.
A new impetus for trading in Nigerian stocks came last Thursday on launch of West Africa’s first exchange-traded derivatives market in Lagos, offering investors a platform to transact inPREMIUM TIMES has assembled a number of stocks with fundamentals 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 but a stock investment guide. You may have to involve your financial advisor before taking investment decisions.Living Trust leads this week’s pick on the back of a two-fold and a half jump in after-tax profit for the first quarter that took bottom line to N247.1 million, assisted by a much-improved revenue which doubled over the figure reported a year ago.