Weekly Stock Recommendation

WHAT TO EXPECT THIS WEEK:
Attributing the gains on the Nigerian bourse to continued positive investor sentiments centered on optimistic earnings expectations, we opine a sustenance of the current market mood heading into the new week. We also expect some cherry-picking activities from investors in the Consumer Goods space, given the positive earnings release from NASCON last week.

Barring any unpalatable news inflow, we predict a positive close at the Nigerian bourse by the end of week, nonetheless, we preach caution to investors, as we further settle into the earnings season.
We still recommend that investors should focus their interest in stocks with a history of positive earnings growth and dividend payments with attractive yields.