BREAKING
NGX All-Share Index gains 412 points — MTN, Zenith, GTCo top movers CBN holds MPR at 27.5% — rate cuts possible Q3 2026 Dangote Refinery begins export of refined petroleum products SEC Nigeria approves new digital assets trading framework NGX All-Share Index gains 412 points — MTN, Zenith, GTCo top movers CBN holds MPR at 27.5% — rate cuts possible Q3 2026
LIVE
NGX 104,562 ▲0.42% | USD/NGN ₦1,614 ▼0.12% | BTC $84,210 ▲1.24% | DANGCEM ₦412 ▲1.10% | GTCO ₦58.45 ▲0.77% | MTNN ₦224.80 ▼0.31% | ZENITH ₦42.15 ▲0.60% | NGX 104,562 ▲0.42% | USD/NGN ₦1,614 ▼0.12% | BTC $84,210 ▲1.24%
₦90K
Weekly Giveaway — 5 Winners Every Week
1st: ₦50K  |  2nd–5th: ₦10K each  |  Be active to win
1,103Members
19,706Threads
26,424Posts
JOIN NOW

Top Stock Picks for the Week: UBA, NPF Microfinance Bank & Lafarge Lead as Market Gains Despite Short Trading Week

  • Weekly Giveaway for our active users. N50,000 per Week. Do you want to contribute to this community? We are looking for contribution? What is hot right now? Sign up and get in on the ground floor of the newest, fastest growing Nigerian forum!
The market is forward-looking, not reactive.

While many retail participants are still interpreting last quarter’s numbers, smart money is already pricing in what the next earnings cycle will look like.

That is why you see strength despite a shortened trading week. Time did not reduce conviction.
This is a masterclass in market psychology, @Benjamin E Housel. ️ 'Time did not reduce conviction', that’s a quote for the ages!
You’re right; the 'Smart Money' is already looking at UBA’s 2.4x P/E and Lafarge’s 29.4% Profit Ratio as the baseline for Q2. While retail is resting, the institutions are positioning. This is why the ASI is holding firm at 200,957.89. The conviction is structural, not just seasonal!