The chief operating officer of InvestData Consulting Limited, Mr Ambrose Omordion said: “we expect a mixed trend to continue, as players digest the outcome of the latest Monetary Policy Committee meeting , ahead of Treasury Bills primary market auctions, with seasonality and cycles likely to influence equity prices ahead of year-end window dressing.
According to him, it is equally noteworthy that during a ranging market many players seat on the fence waiting for a breakout or down before jumping into any position. Even as many stocks are trading within their buy ranges, a situation expected to attract more funds into the stock market, given the dividend yield capable of serving as a hedge against inflation.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BioNTech/Pfizer expect new variant impact data 'within 2 weeks'Germany's BioNTech said Friday it was urgently studying how well the coronavirus vaccine it developed with Pfizer protects against the new B.1.1.529 variant detected in South Africa.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
BioNTech/Pfizer expect new variant impact data 'within 2 weeks'Germany's BioNTech said Friday it was urgently studying how well the coronavirus vaccine it developed with Pfizer protects against the new B.1.1.529 variant detected in South Africa.
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Investors lose N71.44bn as oil, banking stocks decline - Punch NewspapersInvestors lose N71.44bn as oil, banking stocks decline
Source: MobilePunch - 🏆 8. / 63 Read more »
FG unveils special incentives for investors in agricultural sectorIn an effort to improve private sector participation in the agricultural sector the Federal Government yesterday, disclosed Pocket the money
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Nate and Jules smashing for real
Source: GuardianNigeria - 🏆 1. / 94 Read more »
Rangnick's expected arrival at Man Utd 'not good news' for rivals: KloppLiverpool manager Jurgen Klopp says Ralf Rangnick's expected arrival at arch-rivals Manchester United is 'not good news for other teams' due to his vast experience and ability to organise teams.
Source: GuardianNigeria - 🏆 1. / 94 Read more »