RESEARCH REPORT FOR THE WEEK ENDED NOVEMBER 16, 2018
The value of listed Nigerian equities depreciated by 0.44% as a result of investors taking profit obtained through bargain hunting. As a result, the Nigerian Stock Exchange (NSE) All Share Index (ASI) closed at 32,058.28. The Three (3) top trading stocks (measured by volume) for the week are Diamond Bank Plc, FBNH Plc and GTB Plc respectively. We expect more bargain hunting activities.
We also expect quoted companies to continue releasing their 3rd quarter results for 2018.