Stocks to Watch out for This Week

By Modupe Gbadeyanka

It is a new trading week and investors are looking up for a rewarding period as they expect the five big boys in the banking industry to release their earnings for the first half of 2018.

Last week, the market depreciated as political tensions heighten ahead of the general elections next year.

As at Friday, August 3, 2018, the Nigerian Stock Exchange (NSE) year-to-date returns closed at -4.56 percent, giving some investors something to worry about.

Business Post reports that while Union Diagnostics & Clinical Services gained 50 percent last week to close at 33 kobo per share, International Breweries recorded the highest loss of 17.57 percent to settle at N30.50k per share.

This week, analysts at Meristem Research have released stocks to watch for, which can be viewed in the picture below.