Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Business News

Afrinvest predicts a positive 2019 for the Nigerian bourse

Adaobi Nnadiukwu by Adaobi Nnadiukwu
January 23, 2019
in Business News, Politics
Financial statements
Share on FacebookShare on TwitterShare on Linkedin

Afrinvest market analysts have identified the four major elements that will propel the Nigerian stock market in 2019.

In a report, Afrinvest explained that they are anticipating the performance of the stock market to be strengthen in 2019, and they listed four factors that would determine this. They are post-election, new listings, macroeconomic indicators and corporate earnings.

According to Afrinvest, before 2018, foreign investors have been the key players in the Nigerian stock market. Recently, local investors have contributed immensely to the stock market as a result of the pulling out of foreign investors from the local market.

RelatedPosts

CAF increases Africa Women Cup of Nations prize money for winner to $500,000

Lagos says 3.9km Opebi-Ojota link bridge to be ready by June 2023

They said,

“In 2019, we expect foreign investors to return to the Nigerian stock market after the conclusion of the elections and as such anticipate an improvement in performance.

“Furthermore, given current pricing of the market, which we believe is attractive – even more attractive in dollar terms – we expect foreign investors to take advantage of this whilst domestic investors will react accordingly.”

Analysts and experts have had different views on the factors that will shape up the Nigerian stock market in 2019 and how it would finish since Q4 of 2018. A few weeks ago, analysts at the United Capital Plc also had something to say about the stock market for 2019.

They all believe that in 2019 that there will be a change in the stock market and it would pick up from a last year’s poor performance of -17.8%. Although a few companies/organisations gained while some were on the losing end.

About Afrinvest

Afrinvest (West Africa) Ltd is an independent investment banking firm with a focus on West Africa and active in four principal areas: investment banking, securities trading, asset management, and investment research. It is regulated by the Securities and Exchange Commission (SEC) as an Issuing House and Underwriter.

It is both a provider of research content on the Nigerian market and an adviser to companies across West Africa on M&A and international capital market transactions. They also provide financial advisory services as well as capital raising solutions to High Net-worth individuals, corporations and Governments.

Related

Tags: AfrinvestNigerian stock marketSecurities and Exchange Commission SECUnited Capital Plc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Mega Millions
Hot forex
Cornerstone
Polaris Bank
Access Bank
Bankers Committee
First bank


FCMB




    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • The operators that determine Nigeria’s black market exchange rate
    • KongaPay at House of Lords, London, signs historic partnership with Bibimoney
    • US Equities: Weekly Round up

    Follow us on social media:

    Recent News

    Relationship between inflation and the unending devaluation of the Naira

    The operators that determine Nigeria’s black market exchange rate

    July 4, 2022
    KongaPay at House of Lords, London, signs historic partnership with Bibimoney

    KongaPay at House of Lords, London, signs historic partnership with Bibimoney

    July 3, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com