By Modupe Gbadeyanka
For the first time in weeks, the Nigerian Stock Exchange (NSE) closed positive in two straight trading sessions last Thursday and Friday, guiding the market to a 0.39 percent weekly gain.
This week, the market will be welcoming a new convert, Airtel Africa, and there are expectations that the company should bring along the goodies its rival, MTN Nigeria, brought to the market when it listed on May 16, 2019.
For analysts at Meristem Research, investors should monitor these four stocks because they could fetch holders cool yields at the end of the day.
In their weekly recommendation, they said investors should consider having shares of Access Bank, Zenith Bank, Dangote Cement and CAP.
The reason for this is that Access Bank, which currently trades at N6.50k, could rise to 10.20k to yield 56.92 percent gain.
For Zenith Bank, they said it could rise by 40.30 percent to N27.78k from N19.80k, while Dangote Cement could appreciate by 23.97 percent to N228.11k from N184, with CAP growing by 39.93 percent to N38.48k from N27.50k.
As Business Post always advice, investors should observe due diligence before putting their hard earned money in any investment.
more recommended stories
13 Stocks Keep Local Bourse Bullish by 0.91%
By Dipo Olowookere Activities on the.
NASD Unlisted Securities Market Records 909% Rise in Trading Volume
By Adedapo Adesanya The NASD Over-the-Counter.
Oil Extends Rally as OPEC Assures Positive Demand Growth
By Adedapo Adesanya Oil prices extended.
Naira Gains at I&E, Loses at BDC, Trades Flat at Interbank, Black Markets
By Adedapo Adesanya The Naira traded.
NSE Delists Continental Reinsurance Shares After Acquisition
By Dipo Olowookere Shares of Continental.
Nigeria Considers $2.8bn External Loan for 2020 Budget
By Dipo Olowookere The Debt Management.
Flour Mills Seeks SEC Consent for N20bn Bond to Refinance Debt
By Dipo Olowookere The process of.
Details of How to Start A Profitable Beer Parlour Business in Nigeria
By Adedapo Adesanya One of the.