Caverton, Axa Mansard, FBN Holdings top stocks to watch this week
Nigeria, Sept. 20 -- The total market value of Nigerian equities was slightly up by 0.05 per cent last week but shares' valuation remains broadly depressed, given that stocks have been on a steady decline and have not regained their rhythm since touching their near 16-week high on August 13.
Yet a bright spot in the current gloom lies in how the decline in prices of stocks is making them generally cheap for investment, with Bloomberg's recent rating numbering four of Nigeria's biggest banks among Africa's five cheapest stocks.
PREMIUM TIMES has assembled a number of stocks with fundamentals and other potential, adopting key analytical approaches to save you the hassle of randomly picking equities for investment.
The selection, a produc...
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