GTI Top-5 Stock Picks for 190618

Proshare

Tuesday, June 19, 2018 11:48AM /GTI

 

NSE ASI Performance Summary for the week ending June 15th, 2018

 Proshare Nigeria Pvt. Ltd.

 

Outlook for the week ending June 22nd, 2018 

We expect to see a mixed performance in the current week as portfolio and fund managers continue to reposition their portfolios in light of the expected Q2 2018 results from companies listed on the Stock Exchange. Bargain hunters will also continue to hunt for stocks to buy at lower prices. In the meantime, we strongly advise investors to take a keen interest on firms’ fundamentals before taking an investment position. 

We equally advise on taking a long term view of the market especially during this period where the political climate will cause stock prices to trend downwards creating an opening for long-term investors to take position at cheaper prices as they wait for the end of the political season. 

Also, our eyes will be on OPECs 174th ordinary meeting scheduled for June 22nd, 2018 in Vienna. We will watch to see the outcome of the meeting and determine its effect our economy, which heavily depends on Crude Oil production and export for its growth. 

If you would require any help to ensure that your portfolio is positively aligned, or any inquiry on your portfolio, please send an email to research@gti.com.ng or to headoffice@gti.com.ng. 

For your enquiries, send a mail to research@gti.com.ng or www.gtigroupblog.com. Don’t forget to subscribe to join our mailing list.

 
Proshare Nigeria Pvt. Ltd.

 

Our Watch List: DANGOTE CEMENT, NASCON, UCAP and FCMB.

 
Proshare Nigeria Pvt. Ltd.

 

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