NGX Rally faces Earnings Wave, As More Scorecards Hit NGX Exchange This Week

The latest interest rates hike by the Central Bank of Nigeria (CBN), amidst rising inflation dominated trading activities on the NGX Exchange Limited last week. To be honest, it seems like those are what we have been hearing about lately here at investdata, which is why It is up to us to help provide you with the necessary knowledge to overcome all of the ups and downs during these trying times as the market ranges ahead of the release of more corporate earnings in this new week. Market rally at this point will be a function of earnings expectation or wave since all eyes are on these numbers. In bull markets, you see more stocks making new highs than new lows

NGXASI (opening chart)

ACCESSCORP

ETI

ZENITH BANK

GTCO

UBA

STANBIC IBTC

FBNH

FIDELITY BANK

FCMB

UBN

UCAP

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