Latest Breaking News On - Market breadth - Page 1 : comparemela.com

Investors gain N62bn as NGXASI inches up by 0.11% Business Hallmark

Transactions on the floor of the Nigerian Exchange (NGX) on Tuesday closed on a positive note as the All Share Index appreciated by 0.11% to settle at 98,285.33

Nigerian Market Advances by 0.05% - Business Hallmark

The Nigerian stock market on Monday closed higher as the All Share Index advanced by 0.05% to settle at 98,176.58 points from the previous close of 98,125.73

Market closes lower by 0.24%, sheds N133bn

largecaps: These largecaps have 'strong buy' & 'buy' recos and upside potential of more than 20%

There are clear indications that some amount of volatility will be back on the street. First phase of the volatility is normally led by large cap stocks, and even today large caps from different sectors are witnessing pressure. But the other fact is that recovery in the market is also largely led by the large cap and they stabilized much before other segment of the market. The pattern of the sectoral correction is visible. Yesterday, it was banking which led the correction. Today it is metal stock which is leading the correction as the bank stabilizes. ET screener powered by Refinitiv’s Stock Report Plus lists down quality stocks with high upside potential over the next 12 months, having an average recommendation rating of “buy” or "strong buy". The screener applies different algorithms for all BSE and NSE stocks.

These largecaps have 'strong buy' & 'buy' recos and upside potential of more than 20%