By Ambrose Omordion
• Oscillating trend of equity prices as a result of profit taking and disappointment in some results. Also the source of funds brought to the market may cause fluctuations as local and foreign institutional investors trade in the market. The up and down movement will continue.
• More audited and few quarterly earnings would be released into the market this period. Earnings from blue chip companies may strengthen market fundamentals.
• As investors are reshuffling portfolio to invest in some strong fundamental equities with high Dividend Yield and possibility of bonus, we should expect stock prices to be in the upward direction.
• A more vibrant market as a result of market players positioning for the last month of the quarter and taking profit for the first quarter to repositioning for the second quarter. As we expect liquidity to improve.
• Market outlook for these months are dicey but invest wisely, using dates, bids, offers and volume when taking decisions.
• Managing risk and protecting capital at this point is very important, so you will be able to determine when to buy or sell by watching the stocks and the market, using technical analysis.
• Let numbers emanating from companies and dates guide you into profitable investment.