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                                           s https://www.youtube.com/watch?v=Y8UbmWo8vr8 Independent TV Nigeria Market review and earnings analysis to guide investors as stocks price fail to react positively to good earnings reports.

The benchmark indicators of the Nigerian Stock market closed negatively at the end of trading week, despite the ongoing earnings season.   The relative low volume of trade in the period is a reflection of corporate earnings that were released so far and low liquidity in the system as a result of weak macro-economic fundamental that has been a serious concern for foreign and local investors.  The Composite index NSEASI shed 264.21 points to close last week at 27,596.82 points, from an opening figure of 27,861.03 points, representing a 0.95% decline on a low volume of trades that signal caution trading and investing on the part of the investing community. The buying volume of total transactions for the week was 33%, while selling position was 67% to continue the previous week’s mixed sentiments.           NSEASI WEEKLY TIME FRAME NSEASI on a weekly time frame has broken down the symmetrical triangle with index closing 0.95 percent lower for the period to support the reve

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Caution Trading: NSE Indices Slide, Despite Earnings Season Onset The continuous mixed performance of the Nigerian stock market in recent times and in particular since the onset of the Q3 earnings season a fortnight ago resulted from mixed sentiment toward corporate earnings so for released. Some of the company numbers have been below market expectation, while others were surprising and in a few cases, shocking.    It is expected that earnings season at this period should give the market a sense of direction, regardless of the low liquidity in the course and even in the economy that has reflected in the low volume of transactions and the reaction of price to earnings released in the week under review.  Looking at the numbers released so far, the service companies seem to have better numbers, compared to those of manufacturing firms. This sign-posts the negative impacts of the nation's weak macroeconomic indices and the ongoing economic recession on compa

Guaranty Trust Bank made available its scorecard for the period ended September 30, 2016, to the investing community after close of trading last Wednesday, earlier than the release date of the 2015 report.  The numbers released were impressive and strong to beat market and analysts’ expectations. This was as a result of the bank's professionalism and quality of asset management that has continually re-positioned its brand before the banking public as the  ICT-driven banking products and efficient customer service delivery has supported its steady growth in terms of profitability and returns to stakeholders.  Its strategic decision to actively pursue retail banking with great innovation, including introduction of convenience products that have boosted customers and deposit base with high patronage. The bank has remained tall through all regulations and headwinds that put the sector at its current position in Nigeria. In the current financial year despite the economic