Coronation Insurance, Wema Bank, UACN top stock pick this week
Nigeria, Aug. 10 -- Nigerian stocks are yet to witness a significant rally from the largely positive half-year corporate results as equities only appreciated by 0.1 per cent last week, driven by increased demand for bank stocks.
Only the banking index advanced among the five sector indices tracked by the exchange amid broad profit-taking. The market is currently awaiting the earnings reports of four of the Big 5 lenders, which could be out any moment soon.
PREMIUM TIMES has assembled some stocks with sound fundamentals, adopting rigorous approaches to save you the risk of picking equities at random for investment.
The pick, a product of an analytical market watch, offers a guide to entering the market and taking strategic positions, wi...
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