Invest Data Consulting Ltd

AHEAD OF EARNINGS SEASON, ROBUST DATA, INVESTORS POSITION IN VALUE STOCKS Mid-week's trading on the Nigeria Stock Exchange had a bullish outing to extend the rally, despite profit booking by market players to continue its volatility on a huge volume traded. There is also  positive sentiments as reflected in the institutional money flow index which continues to look up with stronger energy with the benchmark index heading for a breakout of the 45,000 psychological line to confirm the continuation of its uptrend if market forces remain positive as market opens Thursday morning.  The market closed positive after consolidating the early hour trading  run-up, which were much during the afternoon session to close the day. During the session, the market hit an intraday high of 44,901.01 for the first time in the last 5 years from low of 43,956.76.   As the bull rampage continues due to smart money repositioning ahead of earnings season,  retail inve...

Sub Topics The Pre-election Economy & 2018 Budget: Implementation and Impact On the Recovery Bull Market In this presentation, Mr Olufemi Awoyemi the founder/CEO of Proshare Limited, chartered Accountant and seasoned financial analyst will review the economy and impact of government policies so far, discussing how the proposed N8.6tr budget will influence the economy in a pre-election year.   He will also take participants through the outlook for the stock market in 2018, while attempting to answer a question like: Is there really any reason to cheer from the mere size of the 2018 budget, considering how those of the past two years have been implemented, especially during this economic recovery phases? Impact and Implication of NSE New Rules on your Equity Investment in 2018 and Beyond. The new strategies to trade and invest in a transforming market will be revealed to boost players profit and minimized losses by Alhaji Garba Kurfi, a chartered accountant...

INVESTORS UNDERTAKE MONTH-END PORTFOLIO RE-BALANCING, CRUNCH EMERGING ECONOMIC, COMPANY DATA Nigeria’s stock market on Thursday had a sloppy, but mixed session that continued to be highly volatile owing to month-end activities as investors watch out for economic date for direction. The mixed session was also despite the influx of more impressive earnings reports, as market indicators closed lower as traders booked profit after the few day of relatively weak rally, while cashing out capital gains in some stocks that had appreciated so far in this season. The market, nonetheless, remained within the bullish channel and above 20DMA but on a border line of breaking down the lower line of the channel and the moving average which will be a function of market forces this morning as trading opens. Should the earnings surprises continue and more of better numbers are released the bearish sentiment that reached 61% on Thursday would expectedly change. Thursday started out with a...