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Showing posts from May, 2015

Communique at the end of a one-day workshop for the stakeholders in the Nigerian capital market with the theme ‘‘May 2015 and Beyond: Equity Investment Made Easy’’

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1. The workshoporganised by INVEST DATA CONSULTING LIMITED Drew participants from across the country. Papers on various issues affecting the market and the economic were presented at the workshop by Seasoned Professionals and Stock Market Experts including The Managing Director of APT Securities and Fund Limited (ALHAJI KASIMU GARUBA KURFI ). The Managing Director of Data Trust Consulting Limited and publisher of Stock Market Guide ( MR MIKEUZOR ). The Head of Capital Market TRW S tockbroker Limited ( MR ABDUL RASHEED ), represented by MrTaiwoMegbopeand the Chief Research Officer of InvestDataConsulting limited  ( MR AMBROSE OMORDION) 1.  The resource persons discussed Nigeria's post-election economy as this would affect investment. They also shed light on other issues such as strategies for better returns in the market, managing risk, sectorial analysis, application of technical analysis in equity trading and approaches to choosing quality companies toinvest in

INVESTDATA WEEKLY STOCK PICKS

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The Nigerian stock market had a mixed performance last week as the market reversed its bearish trend at the mid-week for bull to take over. The negative mood in the market changed as smart money and traders accumulate stocks at low prices, thus improving confidence across the market due to expectations from the May 29 handover and inauguration of the new president. The composite Index NSEASI and Market capitalisation closed higher at 34,439.52 and N11.63 trillion respectively recording 0.15 percent growth. NSEASI It’s true that general market direction makes up 50 percent of a stock price movement, meaning that market timing in stock trading and investing cannot be overemphasised as it guides your entry and exit of the market and trades.   Market bottoming out at this point is important after it seems it has lost direction due to profit taking, 'wait and see attitude' of the in-coming government reforms, policies and the calibre of ministers an