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Dear Investors and Traders, Ambrose Here Again, Welcome to this amazing part of Market the Weekly Video Update precisely August 23rd. A lot really happened last the week so in the video, you will discover; 1. A general overview of the The market as at last week 2. Reasons why there was an increase in the share index. 3. Which position should traders and investors take? 4. Why market reversal is eminent? 5. . What members of the Buying and Selling Signal have benefited? 6. Which type of stock you should invest now.? 7. Others topics For further information on WHAT NEXT, call now 08028164085, 0803205546 Dedicated to Your Financial Success, Ambrose Omordion #valueinvesting #stocktrading #stocks #stockexchange #financialmarkets #currency #financeandeconomy #nigeria #centralbank #stockmarket #trading

Market Update for August 27 Trading on the Nigerian Stock Exchange (NSE) remained bearish for the second consecutive day after a failed attempt at the rebound. Tuesday’s was yet another very volatile and mixed session that confirmed the failed bear rally as the key performance index, the NSE All-Share could not follow through on the fourth day, just as the intraday low has been undercut on an increased volume of trade. Given that effect of the seemingly positive news of a new cabinet has been halted at the beginning of the week, investors are looking to the release of Nigeria’s Q2 GDP, a major macroeconomic data, sometime next week. The GDP data will, nonetheless, confirm what the nation’s stock market has been signaling- that all may not be well with the economy after all. Also, the month of August is gradually drawing to a close, just as fixed-income yields are on the rise, due to foreign investors offloading their positions, leading to the ongoing price drops in the fixed inco

Market Update for August 28 Stocks on the Nigerian Stock Exchange at the midweek struggled to recover ahead of month-end window dressing, as the nation’s economic situation and waning investor confidence continue to reflect by way of persistent profit-taking, just as the recent attempt at a rebound is weighing on buying interest. Investors have their gaze fixed on the expected economic policies to be churched out by the new Federal Executive Council, implementation of the 2019 budget and the all-important Q2 GDP report by the National Bureau of Statistics (NBS) for direction, as the month of August comes gradually to an end. The session’s mixed sentiment supported the benchmark NSE All-Share index as it closed marginally positive on the strength of increasing demand for shares of telecommunication giants- MTN Nigeria, as well as stocks in the industrial, insurance and oil/gas sectors. Despite the continued profit-taking in the banking and consumer goods stocks, the prevailing l

Reuters on Tuesday reported that the Central Bank of Nigeria (CBN) has begun implementation of its ban on the sale of foreign exchange to importers of milk through its official window, apparently brushing aside protests from a section of the organized private sector opposed to the decision which was announced last month. According to the report, CBN directed banks to stop processing milk imports on a credit basis, quoting bank sources, in its bid to spur local production and save the country’s scarce foreign exchange. The CBN Governor, Godwin Emefiele, had while briefing reporters after the last meeting of the Monetary Policy Committee (MPC), announced plans to add milk import to its list of items that cannot be imported using forex access through the official window. He had lamented that Nigeria spends between $1.2bn and $1.5bn annually to import milk. In a circular to banks in the country, the apex bank said milk imports will no longer be eligible under payment terms known as

Market Update for August 27 Trading on the Nigerian Stock Exchange (NSE) remained bearish for the second consecutive day after a failed attempt at the rebound. Tuesday’s was yet another very volatile and mixed session that confirmed the failed bear rally as the key performance index, the NSE All-Share could not follow through on the fourth day, just as the intraday low has been undercut on an increased volume of trade. Given that effect of the seemingly positive news of a new cabinet has been halted at the beginning of the week, investors are looking to the release of Nigeria’s Q2 GDP, a major macroeconomic data, sometime next week. The GDP data will, nonetheless, confirm what the nation’s stock market has been signaling- that all may not be well with the economy after all. Also, the month of August is gradually drawing to a close, just as fixed-income yields are on the rise, due to foreign investors offloading their positions, leading to the ongoing price drops in the fixed inco

Market Update for August 26 The last full trading week of the month of August on the Nigerian Stock Exchange (NSE) which started Monday was yet another mixed session on a negative note, signaling a failed bear rally. This was, however, earlier foreshadowed on Friday, when the market’s gaining momentum witnessed a slowdown, with a Monday’s volume traded declining sharply on mixed sentiments. A confirmation of this failed rebound will, however, depend on today’s market forces, because the intraday low is yet to be undercut. Rebound or recovery is said to sustain when the composite index follows through on four or more days after a rally attempt. The first two or three days of the rally are normally disregarded, given that its success has not yet been proven to follow through with power and conviction. A follow-through day occurs when at least one of the major indexes makes a large percentage gain on higher volume traded which should generally be in the region of 2% or more. All

NSEASI buy 15% sell 85% volume index 0.73 MFI 36.15 Access buy 67% sell 33% MFI 47.22 Chams buy 💯 volume index 1.35 MFI 42.86 Continsure buy 0% volume index 1.81 MFI 40.10 Dangcem buy 💯 volume index 1.00 MFI 33.06 Dangsugar buy 0% volume index 1.63 MFI 28.22 Eti buy 💯 volume index 0.97 MFI 65.43 Fbnh buy 67% sell 33% MFI 41.53 Fcmb buy 0% MFI 64.27 Fidelity buy 💯 volume index 0.92 MFI 34.62 Fo buy 0% volume index 5.48 MFI 35.57 GT buy 45% sell 55% MFI 45.25 Jaiz buy 💯 volume index 2.29 MFI 26.19 Nestle buy 💯 volume index 2.89 MFI 92.00 Oando buy 0% MFI 39.35 Sovereins buy 💯 volume index 5.02 MFI 99.96 Transcorp buy 0% volume index 1.88 MFI 69.87 Uacn buy 75% sell 25% volume index 0.74 MFI 67.42 Uba buy 33% sell 67% volume index 1.10 MFI 70.34 Wema buy 💯 volume index 0.71 MFI 48.24 Zenith buy 💯 volume index 0.80 MFI 55.53

https://investdataltd.blogspot.com/2019/08/corporate-actions-as-at-friday-august_25.html

https://investdata.com.ng/2019/08/corporate-actions-as-at-friday-august-23-2019/#more

Market Update for the Week ended August 23 and Outlook For 26-30 Mixed and yet volatile trading is becoming the norm, rather than the exception on the Nigerian Stock Exchange (NSE) in recent times. This was, once again, the dominant theme on the bourse last week as the NSE’s composite index closed for the week higher as a result of the dominant low price attraction after recording a huge decline which now ranks it among the worst-performing markets across the world. The index, however, turned positive last week, on the back of last week’s inauguration of the new cabinet and assignment of portfolios to the ministers by President Muhammadu Buhari for his second four-year term. Buying interests among market players were triggered across all classes of stocks that suffered huge losses, reflecting on all market indexes as they closed positive, except for the NSE Insurance that was in red owing to profit-taking in major insurance companies. Added to this was the fact that investors wer

NSEASI buy 95% sell 5% volume index 0.91 MFI 21.18 Access buy 💯 volume index 1.07 MFI 49.27 Afrprud buy 89% sell 11% MFI 37.45 Aiico buy 57% sell 43% MFI 48.06 Cadbury buy 💯 volume index 0.86 MFI 55.41 Cap buy 💯 volume index 1.30 MFI 0.00 Caverton buy 0% volume index 1.78 MFI 21.76 Ccnn buy 💯 MFI 66.73 Chams buy 💯 MFI 36.08 Chiplc buy 0% MFI 44.85 CIleasing buy 💯 MFI 8.99 Conoil buy 0% volume index 1.16 MFI 34.50 Continsure buy 0% volume index 1.65 MFI 50.20 Custodian buy 91% sell 9% MFI 27.58 Cutix buy 93% sell 7% volume index 0.75 MFI 31.70 Dangcem buy 44% sell 56% volume index 0.94 MFI 45.43 Dangflour buy 56% sell 44% volume index 0.83 MFI 83.12 Dangsugar buy 80% sell 20% volume index 1.13 MFI 11.71 Eterna buy 💯 volume index 4.79 MFI 68.90 Eti buy 95% sell 5% volume index 4.64 MFI 31.75 Fbnh buy 47% sell 53% volume index 1.74 MFI 21.03 Fcmb buy 72% sell 28% MFI 58.15 Fidelity buy 92% sell 8% volume index 0.74 MFI 47.30 Fmn buy 70% sell 30% volume ind

Latest data by the Central Bank of Nigeria (CBN) shows a further but marginal squeeze in the currency-in-circulation across the country during the month of July. The figure which stood at N2.003tr during the month, dropped by about N11bn from N2.014tr reported for the period ended June 28, 2019, representing a further N108.758bn or 5.15% decline from N2.111tr in the month of May. Year-to-Date, the figure has however dropped by N326.616bn or 14.02%, from N2.329tr as of December 31, 2018, its peak in the past eight months according to data available on the CBN website. Currency-in-Circulation in July, however, represented a year-on-year increase by N178.264bn or 9.77% from N1.824tr reported at the end of July 2018. https://investdata.com.ng/2019/08/nigerias-currency-in-circulation-drops-to-n2-003tr-in-july/#more

NSEASI buy 💯 volume index 1.69 MFI 19.45 Access buy 0% volume index 3.73 MFI 37.89 Afrprud buy 96% sell 4% volume index 0.95 MFI 31.06 Cadbury buy 0% volume index 1.45 MFI 0.00 Dangcem buy 💯 volume index 0.80 MFI 36.50 Eti buy 💯 volume index 2.52 MFI 55.96 Fbnh buy 💯 volume index 1.78 MFI 27.87 Fidelity buy 💯 MFI 21.47 Fmn buy 💯 volume index 0.74 MFI 70.56 Fo buy 0% volume index 1.60 MFI 57.36 GT buy 8% sell 92% volume index 1.74 MFI 34.23 Honyflour buy 💯 volume index 0.71 MFI 41.23 Npf buy 💯 volume index 6.83 MFI 84.60 Oando buy 0% volume index 1.43 MFI 34.83 Pz buy 💯 volume index 1.27 MFI 47.24 Sterling buy 💯 MFI 84.78 Transcorp buy 75% sell 25% volume index 1.76 MFI 69.42 Uacp buy 💯 volume index 0.92 MFI 5.19 Uacn buy 💯 volume index 4.33 MFI 58.94 Uba buy 50% sell 50% volume index 3.76 MFI 75.08 Ucap buy 0% volume index 1.64 MFI 34.97 Wapco buy 0% volume index 3.02 MFI 17.51 Wema buy 0% volume index 1.42 MFI 48.76 Zenith buy 0% volume index 1.55

Market Update for August 21 The nation’s equity market remained mixed and volatile on Wednesday, even as it managed to close on a positive note, which was insufficient to entirely wipe off previous day’s loss on improved traded volume and buying pressure driven by the prevailing low price attraction. This was in addition to the long-awaited inauguration of a new cabinet and assignment of portfolios to the ministers which took place also at the midweek, signaling the beginning of real governance, exactly six months after President Muhammadu Buhari was re-elected for his second and final term in February. The prevailing high yield on the Nigerian Stock Exchange (NSE) as a result of the low prices could serve as an attraction for smart money at this point, considering the market’s Price to Earnings Ratio (PER) which is below 6x. This is considering the fact that yields in the fixed income market and other instruments are declining, due to interest rate cuts across the world that co

Market Update for August 20 The Nigerian Stock Exchange (NSE) All-Share index failed to confirm previous day’s rebound, amidst volatility and mixed trading that dominated Tuesday’s session with the composite All-Share index closing lower on a low traded volume. This followed price depreciation by telecommunications giant MTN Nigeria, which has become the most capitalized equity on the bourse. Despite the day’s mixed performance, there was increased buying interest in some stocks that had suffered huge losses in recent times as bargain hunters cashed in on the low prices to accumulate ahead of the inauguration of the new federal cabinet and the expected policies from fiscal and monetary authorities that could stimulate the much needed economic growth and development. With real governance about to kickoff with the ministers being assigned portfolios, it expected that the management of economic information and pronouncements thereby addressing investors concerns about the safety o

Market Update for the week ended August 16 and Outlook for 19-23 It was a disappointing and short trading week, with stocks traded on the Nigerian Stock Exchange (NSE) seemingly attempting to make all of the losses they would have on Monday and Tuesday, which the Federal Government declared as public holidays to mark the Muslim festival. The first trading session of the week (Wednesday), saw more medium and high cap stocks trading at their new 52-week, five and 10-year lows, as a result of which the benchmark NSE All-Share index traded below the 27,000 psychological line. Last week also was three straight trading sessions of bear-run which extended the seventh consecutive week of decline by the benchmark index as it heads for its two-year lowest, after breaking down another strong support level to test a new low of 26,789.38 basis points. During the week also, the NSEASI touched an intra-week high of 27,307.60bps on a low traded volume. This left the market’s year-to-date loss

NSEASI buy 43% sell 57% volume index 1.00 MFI 8.45 Access buy 💯 MFI 46.69 Afrprud buy 💯 MFI 33.47 Aiico buy 💯 volume index 1.93 MFI 49.97 Chams buy 💯 volume index 2.45 MFI 53.00 Dangcem buy 0% MFI 38.47 Dangflour buy 💯 volume index 1.27 MFI 47.53 Eti buy 💯 volume index 8.13 MFI 50.71 Fbnh buy 💯 MFI 26.25 Fcmb buy 💯 volume index 0.76 MFI 62.56 Fidelity buy 💯 volume index 1.01 MFI 18.08 GT buy 0% volume index 1.76 MFI 26.07 Honyflour buy 0% volume index 1.07 MFI 28.37 Nestle buy 💯 volume index 4.35 MFI 43.62 Stanbic buy 0% MFI 54.28 Transcorp buy 💯 volume index 3.05 MFI 63.18 Uacn buy 💯 volume index 1.38 MFI 34.54 Uba buy 💯 MFI 53.26 Ucap buy 💯 volume index 0.87 MFI 25.54 Uniondac buy 0% volume index 0.97 MFI 27.77 Wapco buy 0% MFI 28.89 Zenith buy 63% sell 37% volume index 1.56 MFI 30.38

NSEASI buy 77% sell 23% volume index 1.21 MFI 12.15 Access buy 💯 MFI 44.44 Cap buy 💯 volume index 4.79 MFI 0.00 Chams buy 0% volume index 1.77 MFI 45.21 Continsure buy 💯 volume index 3.02 MFI 35.56 Dangcem buy 0% volume index 2.08 MFI 36.50 Dangflour buy 💯 volume index 1.10 MFI 46.47 Dangsugar buy 0% volume index 1.91 MFI 43.45 Eti buy 💯 volume index 5.13 MFI 25.60 Fbnh buy 0% volume index 0.83 MFI 23.84 Fcmb buy 💯 volume index 1.51 MFI 65.55 Fidelity buy 0% volume index 1.43 MFI 17.37 GT buy 💯 MFI 18.14 Jaiz buy 0% volume index 1.07 MFI 19.92 Lasaco buy 0% MFI 53.73 Mansard buy 0% volume index 1.44 MFI 67.47 Nestle buy 💯 volume index 1.57 MFI 25.30 Stanbic buy 0% MFI 56.23 Sterling buy 💯 MFI 83.91 Transcorp buy 50% sell 50% volume index 3.03 MFI 57.01 Uacn buy 💯 volume index 1.62 MFI 28.37 Uba buy 50% sell 50% volume index 1.09 MFI 52.47 Ucap buy 💯 volume index 0.87 MFI 23.78 Wapco buy 0% volume index 6.99 MFI 27.81 Zenith buy 💯 volume index 1.

The Nigerian National Petroleum Corporation (NNPC), on Sunday morning named BP Oil International/AYM Shafa Ltd; Vitol SA/Calson-Hyson, Trafigura PTE/A.A. Rano Nigeria Ltd., among 15 successful consortiums in its 2019/2020 Direct Sale of Crude Oil and Direct Purchase of Petroleum Products (DSDP) arrangement. Other winners who completed the 2019/2020 DSDP tender exercise, according to a statement by Ndu Ughamadu, the Corporation’s Group General Manager, Group Public Affairs Division, are: Totsa Total Oil Trading SA/Total Nigeria Plc; Gunvor International BV/AY Maikifi Oil & Gas Co; Cepsa S.A.U/Oando Plc, Mocoh SA/Mocoh Nigeria; Litasco SA/Brittania-U Nigeria/Freepoint Commodities; and MRS Oil & Gas Company. Also on the list are: Sahara Energy Resources; Borno Energy/Eterna Plc/Arkleen Oil & Gas/Amazon Energy; Matrix Energy/Petratlantic Energy/UTM Offshore/Levene Energy Development; Mercuria Energy Trading SA/Barbedos Oil & Gas Services/Rainoil/Petrogas Energy; Asia

https://investdata.com.ng/2019/08/corporate-actions-as-at-friday-august-16-2019/

Guaranty Trust Bank Plc, on Friday became the first of the dividend-paying stock to present its audited score-card for the half-year ended June 30, 2019, highlights of which included a marginal drop in interest, rise in fee, commission and other incomes, just as the management successfully kept expenses in check, while growth in loan impairment was constrained. Profit after tax for the period stood at N99.133bn, up from N95.581bn in the corresponding period of 2018, despite the N2.5bn rise in income tax expense, which left Earnings Per Share at N3.50, as against the previous N3.38 each. Of this amount, the board has recommended a dividend per share of 30 kobo, just like prior year payable to holders of the bank’s ordinary shares whose names appear in the register as at close of business on Monday, September 2, 2019. The dividend will, however, be payable to holders of the bank’s Global Depository Receipts (GDR) listed on the London Stock Exchange as of August 26, 2019. This mean