5 stocks to watch as the week rounds off

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STOCKS TO WATCH

Afuwape Gbolabo

The stormy week picked up on Thursday with possibility of positive move today. The following stocks are worth your considerations.

  • Stanbic IBTC: IBTC Started the week at N42.60 but closed Thursday at N40.50. Most likely, it might push towards how it started the week intraday today.
  • Forte Oil:  Beaten and battered so far in 2017 and moving from its N142.32 12 months’ high after a decline of 17.73 percent, it is expected to come up in price today in an attempt to cover grounds it has lost within the week.
  • Nigerian Breweries:  was flat Thursday.  Possibility of covering lost grounds is higher today.
  • C&I Leasing is expected to recover at least a portion of its earlier losses today. Let’s see how it ends.
  • Guaranty Trust Bank:  closed at N42 Thursday after it shed 2.33%. Come Friday, the stock is expected to attempt attaining the N43.00 mark with which it started the week.
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