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Nigerian Stock Exchange Market Pick Alerts - Investment (4754) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 5:03am On Aug 08, 2019
lancee:
https://www.bloomberg.com/news/articles/2019-08-07/saudis-are-discussing-options-to-halt-oil-slide-with-producers
That's nice move, at least oil is moving up again gradually.
https://oilprice.com
Brent is now 57.79 dollar per a barrel

Re: Nigerian Stock Exchange Market Pick Alerts by aremso(m): 5:54am On Aug 08, 2019
maishai:



I just came out of a rudimentary class on banking economics ......I must tell you that those guys that preach nse movement is tied to price of oil are not lying o....... Money get levels and hierarchy and the money that will rescue this market is still abroad......... Institutionally, the only wealth currently in Nigeria is Oil......Oil is tied closely to the Cbn, who in turn control the banks......the banks control every other thing in the economy..........



Men.....you best bet this period is to hold foreign currency......No body is coming here with oil price threatening to go below $50 dollar.........


Zenith my love just subbed #18.............with the China us trade war breaking new crescendo.......zenith must touch #12 by December..........

No local news will lift this market........





If zenith just mistake go do #12 then he go hear am
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 7:03am On Aug 08, 2019
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 8:31am On Aug 08, 2019
Chibuking81:

That's nice move, at least oil is moving up again gradually.
https://oilprice.com
Brent is now 57.79 dollar per a barrel

Lol Chibubear don enter market grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 8:45am On Aug 08, 2019
735i:


I no know where you for dey hear your own own oh. This na intel from top brokers and analysis of activities in the I&E window..

ok my Oga it is well was just wondering when dis pple go sell finish so that we can have some respite
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 9:06am On Aug 08, 2019
https://businessday.ng/exclusives/article/aiico-custodian-zenith-fbn-insurance-wapic-set-to-meet-new-capital-requirements/

"only AIICO, CUSTODIAN, ZENITH, FBN INSURANCE and WAPIC will meet the new capital requirement by NAICOM according to..."
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 9:11am On Aug 08, 2019
Chibuking81:
https://community.oilprice.com/topic/7005-china-devalues-currency-to-lower-prices-to-counter-new-trump-tariffs-but-doesnt-help-here-is-why/
What direction will China devaluation of currency affect Nigeria economy, will it be negative or positive?

US should also devalue their currency cool
Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 9:13am On Aug 08, 2019
It is finished
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 9:53am On Aug 08, 2019
Re: Nigerian Stock Exchange Market Pick Alerts by otokx(m): 9:58am On Aug 08, 2019
jideflash:
It is finished

How many times will it finish?
Re: Nigerian Stock Exchange Market Pick Alerts by gamaliel9: 10:15am On Aug 08, 2019
otokx:


How many times will it finish?

Since he wrote it...i have been thinking....my mind went to Jesus Christ....from there to money for averaging down....to Zenith bank hitting 16naira....or bears have made us to speak in parables?

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 10:17am On Aug 08, 2019
When two elephant fight the grasses suffer. But after the fight the survivals grasses rises. It is clearly now that the down tone in NSEM was as a result of trade war between US and China. Us is trying by all possible means to maintain number one best economy in the whole world, by suppressing fast growing China economy, which is second in the world. This fight is affecting so many world economy, including oil producing Nation.

This war should not continue to avoid 2015 saga of oil visiting 27 dollar. But I strongly believed that Nigeria stock shall bounce before 2020 January.
https://www.aljazeera.com/ajimpact/china-surprises-export-growth-march-imports-fall-190808062930298.html
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 10:25am On Aug 08, 2019
Chibuking81:

That's nice move, at least oil is moving up again gradually.
https://oilprice.com
Brent is now 57.79 dollar per a barrel



Good one...if it can be sustained abovee 60
Re: Nigerian Stock Exchange Market Pick Alerts by yok: 10:29am On Aug 08, 2019
STOCK MARKET GUIDE FOR 8 AUGUST 2019

Market still under the grip of the bear.

MSCI is not willing to interfere with this market.

We need to just control our emotions and not be lured to the market by the low prices. Cheap items may lack quality!!! Rely on good fundamentals.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 10:36am On Aug 08, 2019
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 10:41am On Aug 08, 2019
Ekuu mkt o

grin
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 10:48am On Aug 08, 2019
Ruggedprof kept in NL custody grin
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 10:51am On Aug 08, 2019
lancee:




Good one...if it can be sustained abovee 60

Brent always pulls back overnight
The journey continues daylight Lol grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 10:54am On Aug 08, 2019
Eku to fo currentprice ... What's wrong
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 11:00am On Aug 08, 2019
veecovee:
Eku to fo currentprice ... What's wrong

House, any news on FO
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 11:05am On Aug 08, 2019
GTB need to declare better than expected H1 as soon as possible otherwise meshpips might be correct on his TA volume price forecast embarassed

checking Q1 this morning GT suppose to be selling @ 20. if not close to zenith bank self. how long are they going to be benefited base on their efficiency rate is a matter of time lipsrsealed

grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 11:09am On Aug 08, 2019
Chibuking81:

That's nice move, at least oil is moving up again gradually.
https://oilprice.com
Brent is now 57.79 dollar per a barrel
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 11:12am On Aug 08, 2019
Agbalowomeri:


Brent always pulls back overnight
The journey continues daylight Lol grin grin grin


57.10
We keep watching b4 taking next step grin
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 11:12am On Aug 08, 2019
latest report shows GTB selling at PEG above 1 vs zenith @ 0.5

zenith too cheap can be cheaper sha for good wealth tfr

grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 11:21am On Aug 08, 2019
Chibuking81:

That's nice move, at least oil is moving up again gradually.
https://oilprice.com
Brent is now 57.79 dollar per a barrel

it normal... pullback is expected today and tomorrow. we may see further sell off by next week

grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Harvestock01(m): 11:22am On Aug 08, 2019
Please what would be the true ASI if the effect of MTNN and Airtel listing is discounted from the index?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 11:24am On Aug 08, 2019
Harvestock01:
Please what would be the true ASI if the effect of MTNN and Airtel listing is discounted from the index?

You are now talking
ASI would probably be around 24/25K or below grin grin grin
So we are probably at the 2016 low

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 11:24am On Aug 08, 2019
What is happening in the market today?
Nothing is showing on the offer/bid size and volume.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 11:26am On Aug 08, 2019
pluto09:
What is happening in the market today?
Nothing is showing on the offer/bid size and volume.

It's 2Face
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 11:28am On Aug 08, 2019
grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Harvestock01(m): 11:33am On Aug 08, 2019
Agbalowomeri:


You are now talking
ASI would probably be around 24/25K or below grin grin grin
So we are probably at the 2016 low

Still above the 20900 achieved in March 2012 (long before the Bubu economic mismanagement)
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 11:41am On Aug 08, 2019
Harvestock01:


Still above the 20900 achieved in March 2012 (long before the Bubu economic mismanagement)

That one na the bottom of the 2008 global meltdown

1 Like

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