NSE 50 TOP PERFORMING STOCKS

 

The table below, shows the historical average movement of the stocks as traders and investors reacted to their earnings, on the first and second quarter earnings release date. That is to say the average price performance of the stocks within four trading days after the quarterly reports were made available to the market. Depending on the strength of the numbers posted with the likelihood of gain or loss of value on that day the earnings were released.  

The market performed poorly in the previous earnings season, reflecting the static economic situation of the nation. This situation is why investors continue the sell-off, while other are standing on the sidelines to assess the economic reform agenda of the government before jumping into the fray.

The third quarter earnings season that just kicked-off would not bring much change to the market with more companies expected to post numbers that would be below expectations. The argument to support this thinking is the nation's business environment which has remained harsh judging by the increasing cost of production.

In the midst of this however, there are a few companies, especially leaders of industry and others that had posted strong numbers in their previous quarters. These may likely beat market forecast with impressive performance in this season. 

Research, has shown that many of the listed companies with December year-end, would  release their Q3 earnings report in the last trading week of October. This period had remained the peak of the season when major stocks in the financial services, consumer and industrial goods release their scorecards to the market. 

On this note, it is expected that short-term traders that understand and know how to profit from the earnings season would be in stocks expected to beat market expectations by positing good numbers. And if this expectations are not met when the results finally hit the market, exit quickly to cut losses. 

Let the table guide your investment decision.

Best Performing stocks on Reactions to Earnings
Company	Sector	ERD(4days%)	Next Report
UBA	Financials	15.25	10/28/2015
Airline Services	Services	11.09	11/4/2015
NEM	Financials	9.70	11/10/2015
Access Bank	Financials	7.87	10/15/2015
Continential Reinsurance	Financials	7.87	11/12/2015
Berger Paints	Industrial Goods	7.38	10/19/2015
May & Baker	Healthcare	6.63	10/29/2015
ETI	Financials	5.10	10/27/2015
Presco	Agriculturial	5.10	10/30/2015
Okomu Oil	Agriculturial	4.58	11/13/2015
7UP	Consumers Goods	4.13	10/21/2015
Custodian Allied	Financials	3.67	10/23/2015
Total Nigeria	Oil & Gas	3.05	10/30/2015
Lafarge Africa	Industrial Goods	2.83	10/29/2015
Vitafoam	Consumers Goods	2.71	12/30/2015
FO	Oil & Gas	2.58	10/22/2015
United Capital	Financials	2.32	10/22/2015
Transcorp	Conglomentes	1.97	10/22/2015
Dangote Cement	Industrial Goods	1.42	10/30/2015
Mrs Oil	Oil & Gas	flat	11/13/2015
Cadbury	Consumers Goods	-13.22	10/22/2015
Stanbic IBTC	Financials	-11.5	10/26/2015
UACN	Conglomentes	-9.69	10/30/2015
Livestock feed	Agriculturial	-6.88	10/29/2015
Aiico	Financials	-6.11	11/9/2015
GSK	Healthcare	-5.92	10/29/2015
CAP	Industrial Goods	-4.93	10/30/2015
Dangote Sugar	Consumers Goods	-4.88	10/28/2015
PZ	Consumers Goods	-4.24	12/17/2015
Flourmills	Consumers Goods	-4.02	10/21/2015
Wema bank	Financials	-3.60	10/15/2015
Seplet	Oil & Gas	-3.35	10/29/2015
UBN	Financials	-3.27	10/30/2015
Fidson	Healthcare	-2.88	10/30/2015
Zenith bank	Financials	-2.68	10/26/2015
CCNN	Industrial Goods	-2.60	11/5/2015
Juluis Berger	Construction	-2.49	11/4/2015
FBNH	Financials	-2.11	10/29/2015
Nahco	Services	-1.70	10/28/2015
NB	Consumers Goods	-1.57	10/28/2015
Guarranty	Financials	-1.38	10/20/2015
Sterling Bank	Financials	-1.36	10/23/2015
FCMB	Financials	-1.34	10/23/2015
Mobil	Oil & Gas	-1.13	10/23/2015
Unilever	Consumers Goods	-0.84	10/22/2015
Africa Prudential	Financials	-0.63	10/16/2015
Nestle	Consumers Goods	-0.23	11/5/2015
Diamond Bank	Financials	-0.05	10/20/2015
International Brew	Consumers Goods	flat	11/5/2015