The Nigerian equities market hit its lowest point this year, as the All-Share Index fell to 26,448.62pts, settling the YtD return at -15.85%. The downturn in the market was spurred by continuous sell-offs in the energy, industrial goods and banking sectors. On a balance of factors, we expect the market to close down this week. Kindly find attached the full report.
Stock Recommendation- 21st October 2019.
The Nigerian equities market hit its lowest point this year, as the All-Share Index fell to 26,448.62pts, settling the YtD return at -15.85%. The downturn in the market was spurred by continuous sell-offs in the energy, industrial goods and banking sectors. On a balance of factors, we expect the market to close down this week. Kindly find attached the full report.