Stocks to Buy, Sell, Hold This Week (May 14)

May 14, 2018
european stocks close

By Modupe Gbadeyanka

The equity market last week, despite closing out the last trading day on a positive note by 0.26 percent, depreciated week-on-week by 0.48 percent amidst earlier weightier declines.

Though the market swung into positive territory at the end of last week, the underlying mixed sentiment in the market is expected to continue to drive a sideways trading pattern on the exchange today.

As the market resume today, what would likely dominate discussions would be Diamond Bank, which released its 2017 financial statements last Friday as well as its Q1 2018 earnings.

Already, over the last five sessions, its shares have lost about 10 percent, emerging one of the heaviest losers last week after going down by 9.95 percent w/w.

As usual, analysts at Vetiva Research have released a list of some equities to buy, sell or hold this week at the stock market.

View the list below and make decisions based on your conviction and stockbroker’s input.

Stocks to Buy, Sell, Hold This Week (May 14)

Modupe Gbadeyanka

Modupe Gbadeyanka is a fast-rising journalist with Business Post Nigeria. Her passion for journalism is amazing. She is willing to learn more with a view to becoming one of the best pen-pushers in Nigeria. Her role models are the duo of CNN's Richard Quest and Christiane Amanpour.

Leave a Reply

Uduaghan: The Man Gearing for Niger Delta Development
Previous Story

Uduaghan: The Man Gearing for Niger Delta Development

Airtel, Comviva Win RemTECH Award 2018
Next Story

Airtel, Comviva Win RemTECH Award 2018

Latest from Economy

Don't Miss