2018: OPTIMISM, OPPORTUNITIES, UNCERTAINTIES, MIXED SIGNALS FOR TRADERS, INVESTORS
2017 STOCK MARKET REVIEW AND OUTLOOK FOR 2018 The chart above highlights the monthly changes in the NSE ASI for 2017, with up months represented by green and down periods, red. January and February were down while March to July were up markets, while there were corrections in August and September before the rebound in October, November and December on highly volatile months and days to close the year in green. The year 2017 was remarkable for bull ascendency as predicted by Investdata during its annual Traders and Investors Summit tagged INVEST 2017, which held on December 3, 2016, after putting into consideration the preceding three straight years of down market induced by multiples of factors. These included the crisis of market confidence, the fact that Nigeria was deep into economic recession, even as politicians were busy passing the bulk instead of fashioning a blue-print to give the economy some form of direction, which was made worse by the delay in appointin...