The last trickle of banks' audited financials into the market was a mixed bag of improvement and setback in terms of performance and that had adverse implications for investors' hunger to own shares.
But the redeeming feature lies in the advantage that falling prices bring to during downtrends, in that it makes stocks cheap for investors to take entry decision.
PREMIUM
The selection, a product of analytical market watch, offers a guide to entering the market and take strategic positions in hopes that equities will gain value with the passage of time, particularly in the short term.
This is not a buy, sell or hold recommendation. You may have to involve your financial advisor before taking investment decisions.
UBA tops this week's pick on the twin strength of a climb of more than one third in its half-year profit bringing it to N44.4 billion and its declaration of an interim dividend of N0.20 per share. Shareholders that own the company's shares by
FIDELITY BANK
NPF MFB makes the selection for trading well below its real value, making it cheap for investment. It is priced at N1.75 per unit, has Earnings Per Share (EPS) of
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