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Market Update for the Week Ended July 23 and Outlook for July 26-30 NGX Indexes were up over the past trading week, despite the two days Salah holiday, as earnings reports season commenced fully with more impressive numbers emanated from different sectors and companies on the exchange. This, expectedly, boosted market sentiment, as it turned positive, with improved liquidity and activities that impacted equity prices, halting two consecutive weeks of correction and profit-taking. The recent rekindled buying interests and rally resulted from investors realigning their portfolios among sectors and stocks with high upside potentials, with their expected earnings likely to beat market and analyst expectations. Already, corporate earnings released so far have given insights into what the market and investors should expect, especially with the prevailing mixed and weak macroeconomic indices ahead of next week’s Central Bank of Nigeria (CBN) Monetary Policy Committee (MPC) meeting with the ex...

  Hello Investors and Traders, I just posted Questions and Answers with Ambrose Omordion as at 24/07/2021.  Share with me what you think about the Video and don't forget to click on subscribe button so that you can be among the first to get the latest update.  https://youtu.be/gLLecYjjNMs Ambrose Omordion

  NGXASI buy 💯 MFI 59.01 Access buy 75% sell 25% MFI 56.44 Afrprud buy 💯 volume index 0.93 MFI 43.68 Aiico buy 10% sell 90% MFI 34.95 Ardova buy 💯 MFI 79.06 Cadbury buy 💯 volume index 3.23 MFI 62.94 Caverton buy 💯 MFI 72.09 Chams buy 💯 MFI 33.15 Chiplc buy 83% sell 17% volume index 1.13 MFI 47.80 Courtville buy 50% sell 50% MFI 64.53 Custodian buy 💯 MFI 82.28 Cutix buy 💯 volume index 1.97 MFI 77.91 Dangcem buy 95% sell 5% MFI 71.19 Dangsugar buy 💯 MFI 62.27 Eterna buy 97% sell 3% volume index 0.99 MFI 66.21 Fbnh buy 💯 MFI 51.68 Fcmb buy 💯 MFI 68.11 Fidelity buy 33% sell 67% volume index 0.71 MFI 38.10 Fmn buy 0% MFI 48.74 Ftn buy 💯 MFI 22.04 GTCO buy 💯 MFI 36.15 Honyflour buy 💯 MFI 68.59 Jaiz buy 71% sell 29% volume index 11.78 MFI 9.53 Jagold buy 67% sell 33% MFI 31.66 Jberger buy 💯 MFI 66.81 Lasaco buy 27% sell 73% MFI 55.98 Learn buy 💯 MFI 75.94 Linkass buy 💯 MFI 80.51 Lvstk buy 💯 MFI 61.46 Mansard buy 33% sell 67% MFI 53.79 Mben buy 50% sell 50% MFI 57.17 Nahc...

“Behold the turtle, he makes progress only when he sticks his neck out.” ― Bruce Levin Investing is all about risk. The greater the risk, the greater the reward if everything works out. And though risk means you can lose a lot of money if you aren't careful, you can't let that scare you out of participating in the market. That's why a risk management strategy is crucial to a promising trading career. Figure out what your personal risk limits are and don't go beyond them. If you follow that simple rule, you'll be golden. But as you progress in your trading career, don't be afraid to reevaluate your risk limits. Go ahead and stick your neck out!

  Agusto & Co and Global Credit Ratings (GCR) have again reaffirmed the ‘AAA’ credit rating of the Infrastructure Credit Guarantee Company Limited, a specialized institution backed by the Nigerian Sovereign Investment Authority. GCR, for example, noted that its “rating is underpinned by the uniqueness of Infrastructure Credit Guarantee Company Limited’s operations as a credit guarantee provider, and the company’s strong capitalization, liquidity, and asset quality position, albeit counterbalanced by its self-regulated status.” Other factors working in InfraCredit’s favour, according to a statement on Monday, include its strong financial profile score of 5.25, one of the highest in the financial services industry underpinned by the company’s growing capital buffers, liquidity, and broader balance sheet strength, complemented by the sound governance and risk management culture, key fundamentals that underscore its credibility as a guarantor, as well as the sustainability of its b...

  In a bid to enhance access to capital, as well as champion development in the Nigerian Debt Capital Market, FMDQ Securities Exchange Limited, a subsidiary of FMDQ Group, last week listed the NSP-SPV PowerCorp Plc ₦6.33bn Fixed Rate Series 2 Senior Unsecured Green Bonds, under its ₦50bn Bond Issuance Programme to its platform. Proceeds from this issuance, according to a statement, will be used to fund the development of a 15 Mega Watts Pre-Phase 1 Solar Project and the transmission evacuation infrastructure for NSP PowerCorp PLC’s Solar Project, thereby fuelling the development of power in Nigeria. Speaking on the bond issuance, Executive Vice Chairman/Chief Executive Officer, North-South Power Company Limited, Engr. Olubunmi Peters, said “this landmark transaction reinforces our belief and commitment in promoting clean energy generation in Nigeria. It also demonstrates growing investor confidence in our business, management team, and long-term strategy. “We remain committed to un...

After over 48 months of long-drawn battle, the management of both Nigeria’s Securities & Exchange Commission (SEC), on Monday confirmed in separate statements that they have entered into a settlement that would result in the withdrawal of a plethora of court cases. According to the SEC, the settlement, which confirms a story by Investdata News of an impending political solution to the faceoff, was entered into on Thursday, July 15, 2021, “in the overriding interest of the shareholders of the company and the capital market,” even without Oando Plc “accepting or denying liability.” Terms of the settlement, the commission’s management explained, included “amongst others: Immediate withdrawal of all legal actions filed by the company and all affected directors; payment of a monetary sum; and an undertaking by the company to implement corporate governance improvements.” Describing the settlement as a win for the nation’s capital market and especially shareholders, Oando Plc said in its ...

Market Update for July 19 Earnings expectations boosted trading on the Nigerian Exchange Monday as volatility and the mixed session continued, thereby extending the bullish outing for two consecutive days on a very high traded volume and positive breadth. The rekindled buying interests in dividend-paying stocks and mid-cap equities with a high possibility of sustained an uptrend in earnings as the market expects their half-year and Q1 numbers any moment from now. This has supported the session’s high volume trades, which was on 98% buy position and money flow index looking up to read 69.21 points, indicating the entrance of funds into equity space ahead of more numbers and outcome of next week’s Monetary Policy Committee meeting. Market players who understand the importance of combining fundaments and technical analysis in making investment decisions in the stock market should take this opportunity to position in some sectors for medium and short-term gains. They include the banking, t...

NGXASI buy 98% sell 2% volume index 2.02 MFI 69.21 Access buy 💯 MFI 72.09 Afrprud buy 0% volume index 1.59 MFI 49.07 Chiplc buy 💯 MFI 23.11 Cutix buy 💯 volume index 2.90 MFI 100.00 Eterna buy 💯 volume index 1.86 MFI 30.47 Fbnh buy 50% sell 50% MFI 72.91 Fidelity buy 💯 MFI 60.18 Ftn buy 💯 volume index 1.11 MFI 73.04 GTCO buy 💯 MFI 41.59 Honyflour buy 💯 MFI 59.04 Jaiz buy 43% sell 57% volume index 22.47 MFI 2.78 Jagold buy 50% sell 50% MFI 71.80 Lasaco buy 27% sell 73% volume index 5.30 MFI 88.51 Linkass buy 💯 volume index 3.90 MFI 47.63 Lvstk buy 💯 volume index 1.28 MFI 39.81 Mansard buy 💯 MFI 40.03 Mben buy 💯 MFI 56.84 Prestige buy 💯 volume index 2.58 MFI 52.34 Pz buy 💯 volume index 1.82 MFI 64.34 Regalins buy 💯 volume index 1.34 MFI 25.50 Sovrenins buy 💯 volume index 2.25 MFI 66.17 Sterling buy 0% volume index 6.46 MFI 32.84 Transcorp buy 67% sell 33% MFI 65.73  Uacn buy 💯 volume index 2.90 MFI 62.12 Uba buy 💯 MFI 63.09 Ucap buy 50% sell 50% volume index 0.88 MFI...

 “If you are working on something that you really care about, you don’t have to be pushed. The vision pulls you.” ― Steve Jobs If you're really serious about trading as a way to accomplish your financial goals, then your vision will motivate you to push ahead and work hard at being the best trader you can be. That doesn't mean trading is effortless, but having a passion for seeing your vision become a reality will make it seem a lot easier than it is. Be passionate about your future! Put in the work and move ahead. Only you can make it happen, so don't wait on others to figure it out for you. Let your passion drive you forward

  NGXASI buy 75% sell 25% MFI 52.13 Access buy 💯 MFI 52.84 Afrprud buy 60% sell 40% volume index 0.73 MFI 41.07 Aiico buy 💯 MFI 32.21 Bua buy 0% MFI 45.20 Cadbury buy 💯 volume index 2.84 MFI 54.09 Cap buy 💯 MFI 7.06 Caverton buy 💯 MFI 64.11 Chiplc buy 0% volume index 2.30 MFI 50.57 Corner buy 0% MFI 37.69 Courtville buy 0% volume index 0.83 MFI 65.33 Custodian buy 0% volume index volume 1.28 MFI 81.64 Dangsugar buy 0% MFI 57.74 Eterna buy 💯 MFI 65.44 Eti buy 💯 MFI 75.08 Fbnh buy 22% sell 78% MFI 55.49 Fcmb buy 53% sell 47% MFI 67.74 Fidelity buy 💯 MFI 28.80 Fmn buy 💯 MFI 48.49 Ftn buy 63% sell 37% volume index 1.03 MFI 27.24 Glaxo buy 0% MFI 32.16 GTCO buy 33% sell 67% volume index 1.27 MFI 41.06 Honyflour buy 19% sell 81% MFI 65.66 Jaiz buy 0% volume index 2.46 MFI 24.71 Jagold buy 50% sell 50% MFI 45.96 Lasaco buy 💯 MFI 47.59 Linkass buy 0% MFI 83.99 Lvstk buy 67% sell 33% MFI 54.62 Mansard buy 0% MFI 48.11 Mben buy 0% MFI 50.24 Mtnn buy 💯 MFI 87.49 Nahco buy 0% volume...

  Market Update for the Week Ended July 16 and Outlook for July 19-23 Sectorial rotation and selloff in highly capitalized stocks continued last week as the key performance index, blue chips and mid-cap stocks resisted further decline, reversing up on increased traded volume. This was in the midst of impressive Q2 corporate earnings so far released, and positive economic data, especially the rise in the consumer price index for June which dropped to 17.75%, making it the third consecutive month of decline in inflation amidst soaring prices of food, goods, and services across the country. This is to be expected, given that the supply side of the economy remains weak and incapable of supporting the rising production cost and prices of manufactured products. There are also mixed sentiments, with the market side-trending at this point in the earnings reporting season, with early filers hitting the market with strong numbers. We see the expected momentum, liquidity, sentiments, and acti...

  Hello Investors and Traders, I just posted Questions and Answers with Ambrose Omordion as of 17/07/2021.  Share with me what you think about the video and don't forget to click on subscribe button so that you can be among the first to get the latest update.  https://youtu.be/F8pqRrTC_Z4 Ambrose Omordion

  Hello Investors and Traders, I just posted Stock Market Review with Kaftan TV as of 16/07/2021.  Share with me what you think about the video and don't forget to click on subscribe button so that you can be among the first to get the latest update.  https://youtu.be/w-MGwI8lYd8 Ambrose Omordion

  “In investing, what is comfortable is rarely profitable.” Robert Arnott   I've got news for you. If you think you can strike it big while staying perfectly comfortable, you're wrong.  And it won't be very long before you figure that out for yourself.    The fact is, it's hard to get the rewards when you never take any risks. While no one wants you to stop investing and start gambling, you can't level up your trading if you aren't willing to risk a little discomfort now and then.   I'm not saying it's impossible, but why stack the odds against yourself?

NGXASI buy 33% sell 67% volume index 0.73 MFI 53.37 Access buy 0% MFI 66.74 Aiico buy 💯 volume index 2.89 MFI 60.15 Chiplc buy 60% sell 40% volume index 3.03 MFI 31.37 Courtville buy 0% volume index 1.66 MFI 50.57 Fbnh buy 0% MFI 67.45 Fcmb buy 0% MFI 51.99 Fidelity buy 💯 volume index 1.09 MFI 59.36 Ftn buy 💯 volume index 4.32 MFI 92.80 Honyflour buy 19% sell 81% MFI 57.62 Jaiz buy 0% volume index 1.97 MFI 22.65 Jagold buy 0% MFI 69.98 Mansard buy 0% volume index 0.92 MFI 61.64 Oando buy 55% sell 45% volume index 1.57 MFI 73.54 Prestige buy 💯 volume index 4.48 MFI 65.72 Sovrenins buy 💯 volume index 1.91 MFI 82.53 Stanbic buy 💯 volume index 0.81 MFI 27.99 Sterling buy 0% MFI 66.70 Transcorp buy 75% sell 25% volume index 1.03 MFI 67.78 Uba buy 💯 MFI 62.90 UPDC buy 0% volume index 3.63 MFI 83.75 Wapco buy 💯 MFI 77.10 Wapic buy 0% volume index 3.67 MFI 43.01 Wema buy 💯 MFI 79.29 Zenith buy 💯 MFI 63.65 Investdata Daily Sentiment Report

  “Individuals who cannot master their emotions are ill-suited to profit from the investment process.” ― Benjamin Graham This is so important as an investor. You need to know your risk tolerance before you even start to invest. If you are the type that is going to sell when things get tough, then you might need to avoid investing altogether or potentially find a way to invest and never look at your account. You need to be able to stomach that pain and hold on because you will reap the rewards. The stock market is very volatile. You need to be prepared for the crazy ups and downs. Don't let fear, anger, or even joy cloud your judgment when it comes to trading!

  NGXASI buy 💯 volume index 0.90 MFI 47.61 Access buy 0% volume index 2.51 MFI 69.61 Afrprud buy 💯 volume index 1.38 MFI 44.49 Aiico buy 💯 volume index 1.16 MFI 61.64 Fbnh buy 50% sell 50% MFI 71.03 Fcmb buy 💯 volume index 1.53 MFI 50.64 Fidelity buy 💯 MFI 55.01 Ftn buy 💯 MFI 76.31 GTCO buy 💯 volume index 0.84 MFI 27.88 Jaiz buy 0% MFI 34.41 Jagold buy 0% MFI 71.22 Mben buy 💯 MFI 49.19 Oando buy 25% sell 75% volume index 1.11 MFI 70.79 Regalins buy 💯 MFI 9.84 Sterling buy 0% MFI 74.67 Transcorp buy 0% MFI 62.24 Uacn buy 💯 MFI 73.74 Uba buy 💯 volume index 3.62 MFI 62.91 Veritas buy 💯 volume index 0.78 MFI 37.60 Wema buy 83% sell 17% volume index 0.84 MFI 81.77 Zenith buy 0% volume index 1.01 MFI 64.63 Investdata Daily Sentiment Report

  Market Update for July 13 The mixed sentiment, as well as the wait-and-see attitude of players on the Nigerian Exchange, continued on Tuesday with the composite All-Share index closing flat on the positive breadth and low traded volume to resist decline, while all eyes remain fixed on the expected corporate earnings and economic data. An earnings season that could be massively profitable is here as more numbers start hitting the market again, while sectors and stocks that have historically reacted with at least 10% moves up or down over the past decade are preparing to make their numbers available to investors any moment from now. As such, investors and traders should not jump out of fundamentally sound stocks with positive technical charts base and patterns. The prevailing mixed sentiments and NGX index action divergence with the indicators on a low traded volume are signals that reversal is imminent, knowing the power of volume in price or index movement is very important at th...

  NGXASI buy 30% sell 70% volume index 0.89 MFI 53.40 Access buy 💯 volume index 0.72 MFI 80.71  Cadbury buy 💯 volume index 6.40 MFI 63.83 Caverton buy 💯 volume index 2.62 MFI 78.08 Courtville buy 💯 MFI 54.39 Fbnh buy 0% MFI 73.52 Fidelity buy 33% sell 67% volume index 0.99 MFI 55.65 Fmn buy 💯 MFI 54.45 Ftn buy 💯 volume index 1.57 MFI 73.74 GTCO buy 0% volume index 2.23 MFI 31.65 Jaiz buy 0% MFI 35.40 Lvstk buy 💯 MFI 33.67 Mansard buy 0% MFI 66.60 Prestige buy 💯 volume index 1.22 MFI 76.25 Pz buy 💯 volume index 0.83 MFI 69.42 Sterling buy 💯 MFI 80.05 Transcorp buy 💯 volume index 0.98 MFI 62.24 Uacn buy 💯 volume index 0.89 MFI 68.89 Uba buy 50% sell 50% volume index 1.06 MFI 75.20 Ucap buy 20% sell 80% volume index 1.44 MFI 33.10 Unity buy 0% volume index 1.88 MFI 20.43 Wema buy 💯 volume index 3.64 MFI 78.65 Zenith buy 0% MFI 73.15 Investdata Daily Sentiment Report

  NGXASI buy 4% sell 96% volume index 0.84 MFI 53.21 Access buy 0% volume index 0.73 MFI 75.10 Afrprud buy 💯 volume index 1.13 MFI 34.72 Bua buy 0% volume index 1.36 MFI 100.00 Caverton buy 0% volume index 1.78 MFI 100.00 Courtville buy 💯 volume index 0.81 MFI 53.66 Eterna buy 💯 volume index 0.84 MFI 20.59 Fbnh buy 0% MFI 72.45 Fidelity buy 25% sell 75% MFI 62.17 Fmn buy 💯 volume index 0.72 MFI 59.19 Ftn buy 💯 volume index 1.58 MFI 71.23 Glaxo buy 0% volume index 0.86 MFI 36.02 GTCO buy 0% MFI 37.90 Honyflour buy 67% sell 33% volume index 0.78 MFI 57.88 Jaiz buy 💯 volume index 0.87 MFI 34.44 Jagold buy 💯 volume index 0.72 MFI 55.10 Lvstk buy 💯 volume index 2.05 MFI 35.44 Mansard buy 0% MFI 66.94 Mben buy 💯 volume index 2.15 MFI 59.89 Mtnn buy 0% volume index 3.27 MFI 39.99 Oando buy 💯 MFI 71.61 Sovrenins buy 💯 volume index 1.80 MFI 78.81 Sterling buy 0% MFI 70.35 Transcorp buy 💯 volume index 1.22 MFI 53.63 Uba buy 💯 volume index 1.58 MFI 70.94 Ucap buy 💯 volume index ...

  Market Update for the Week Ended July 9 and Outlook for July 12-16 The first full trading week of the month of July, which also ushered in the third quarter and earnings reporting season on the Nigerian Exchange had a mixed trend, closing the period marginally lower on an above-average traded volume. As a result, the market halted previous weeks of bull-run as low-priced stocks hit new highs, amidst profit-taking on blue-chip companies and selloff among the highly-priced equities, all of which slowed down the recovery move. During the week, market participants continued to rebalance their portfolios ahead of the earnings season that kicked off with Infinity Trust Mortgage Bank presenting impressive numbers that may be giving an insight into what the half-year score-cards could look like. Besides all eyes already fixed on Q2 corporate earnings, there are also expectations for economic data and the July meeting of the Central Bank of Nigeria’s Money Policy Committee. The continued ...