Investor Hangout
Investor Hangout ยป Nigerian Stock Market Outlook – March 29, 2021.

Nigerian Stock Market Outlook – March 29, 2021.

Taiwo Megbope

The NSE Industrial index is, presently, the only local index that is outperforming the general market over a 200-period timeframe. It is presently outperforming the all-share index by approximately 2%. Yes, you read that right, the best performing, primary, index, is outperforming the benchmark by 2% and every other major index is underperforming it.

Our algorithms believe that the stocks that currently provide the best value for money and have the right liquidity and volatility include

The very long-term outlook, for investors, is cautiously bullish – long-term uptrend with ever-weakening market breadth. For short and intermediate-term speculators, though, the short and medium-term trends are already bordering on bearish (negative) and the market breadth, as well, is negative.

Please click on this link to download the dashboard for this week’s outlook. Till next week, invest responsibly.

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