The Nigerian bourse recorded gains in all its sessions last week, making it one of the best weekly performances so far this year.
We have selected a group of stocks you should watch out for this week on the basis of how the market fared last week.
Ripples Nigeria Stock Watch-list is a selection of stocks monitored for viable trading or investing opportunities. An investor may casually generate a list of equities for investment purposes. But we have taken the pain to do that based on certain parameters in order to save you that hassle.
Kindly note that Ripples Nigeria stock watch-list is not a buy, sell or hold recommendation. It is advisable to consult your financial advisor before making any investment decision.
UNION BANK OF NIGERIA PLC
Union Bank tops our list this week on the basis of its dividend proposal last week.
The board during the week announced a proposal of N0.25 per share dividend for the period ended 31st December 2019 subject to shareholders’ endorsement.
The qualification date has been fixed for 24th April while the payment date is 6th May.
NIGERIAN BREWERIES PLC
Nigerian Breweries makes our list on the account of being the highest price gainer last week. Opening at N22.20, the stock closed at N32.35, depreciating by 45.72%.
NIGERIAN AVIATION HANDLING COMPANY PLC
NAHCO makes our list by virtue of being the highest price loser last week. Opening at N2.40, the stock closed at N2.13, depreciating by 11.25%.
BOC GASES PLC
BOC Gases makes our list this week on the basis of trading at its lowest price in 52 weeks. It currently sells for N3.65 per share, has an EPS of N0.52 and a PE Ratio of 6.98.
GUINNESS NIGERIA PLC
Guinness features our list this week by virtue of trading at its lowest price in 52 weeks. It currently sells for N22.40 per share, has an EPS of N1.92 and a PE Ratio of 11.63.
TOTAL NIGERIA PLC
Total appears our list this week for trading at its lowest price in 52 weeks. It currently sells for N96.30 per share, has an EPS of N7.70 and a PE Ratio of 12.51.
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