The Nigerian Exchange Limited saw releases of a couple of earnings reports last week most of which were strong and promising. The mid-year earnings reports of some banks, especially the Big 5 Banks commonly called FUGAZ are due in the days ahead, which could shape the turn the market will take in the short term.
PREMIUM TIMES has assembled a number of stocks with potential, adopting key analytical approaches to save you the hassle of randomly picking equities for investment. The selection, a product of analytical market watch, offers a guide to entering the market and take strategic positions in hopes that equities will gain value with the passage of time, particularly in the short term.
This is not a buy, sell or hold recommendation. You may have to involve your financial advisor before making investment decisions.NNFM makes the stocks to watch this week by virtue of its declaration of an interim dividend payout of N0.15 per share to stockholders whose names appear in the company’s register of members by August 24. The cash reward is payable on September 10.
Source: News Formal (newsformal.com)
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