NSE PULLS BACK

The NSE ASI dropped by 132.70 closing at 25,606.09.

The Bulls continued to show resilience till the last quarter of the day Until the Financial score card of GTBANK hit the market, Recording a P.A.T of N18bn.

A Layman's view on a Head to Head basis, the Financials of  Firsbank and Zenithbank has so far outperformed that of GTBANK. without considering the Outstanding shares.

We are now locked into 2 scenario's

  1. Either GTBANK falls within the price range of Zenithbank of Firstbank or

  2. Firstbank and Zenithbank hits the price range of GTBANK.

This is going to be a quiet week and a good time for investors to digest this current scorecards.......


PLEASE CLICK TO DOWNLOAD

 

Be the first to get our market info? Subscribe..

CLICK....

 

 
This commentary is not a recommendation to buy or sell, but rather a guideline to interpreting the specified indicators. This information should only be used by investors who are aware of the risk inherent in securities trading. TRW accepts no liability whatsoever for any loss arising from any use of this expert or its contents.
 
INVEST FOR A GOLDEN TOMORROW

Corporate Office: 62/64 Campbell Street (Kajola House) 4th & 5th Floor Lagos Island Lagos .
234-1-7646689,234-1-2710224
Enquiries: info@trw-stockbrokers.com  website: www.trw-stockbrokers.com