The Managing Director of Meristem Stockbrokers Limited, Saheed Bashir has affirmed a positive outlook for the equities market in Q4 2025.
In a recent stock market review, the capital market expert noted that more funds are expected to flow into the equities market as yields in the fixed income market trend lower.
According to the investment guru, the improving macroeconomic environment is setting the stage for stronger corporate earnings and renewed interest from both local and foreign investors.
Mr Bashir stated thus:
“We maintain a broadly positive outlook for the equities market through the rest of the year.
The improving macroeconomic environment continues to set the stage for stronger corporate earnings and renewed interest from both local and foreign investors.
As yields in the fixed income market trend lower, we expect to see more funds flow into equities, further lifting market activity.
Also, we believe that Nigeria’s upgrade on the FTSE Russell Watchlist for a possible reclassification to Frontier Market status also adds to the optimism, as it could attract fresh foreign inflows, especially given the supportive economic backdrop.
We anticipate some periods of profit-taking as investors react to earnings releases and shifting global and domestic conditions.
Overall, we remain optimistic, particularly on key names in our watchlist such as MTN, CADBURY, WAPCO, and GTCO, which we believe are well-positioned to deliver solid returns in the near term”.