theyellowbird
New member
So..I figured out that there is little emerging market content here for obvious reasons ( NASDAQ and DJ are biggest in the world duhh)
But, I would love to tell you guys about some "gems" blue stocks outside the first world..before I post the results.. I would like to point out 2 major facts
1) 70% of the funds traded in our stock market is owned y foreign investors..so there is huge International demand.
2) The Nigerian Stock Index is up about +45% this year ( the tOp5 banks did even better)
So let's go: I will order the banks by market cap
I) Guaranty Trust Bank:+73%
ii) Zenith Bank:+102%
iii) Access Bank:+98%
iv) UBA:+151%
V) First Bank Holdings:+173%
But, I would love to tell you guys about some "gems" blue stocks outside the first world..before I post the results.. I would like to point out 2 major facts
1) 70% of the funds traded in our stock market is owned y foreign investors..so there is huge International demand.
2) The Nigerian Stock Index is up about +45% this year ( the tOp5 banks did even better)
So let's go: I will order the banks by market cap
I) Guaranty Trust Bank:+73%
ii) Zenith Bank:+102%
iii) Access Bank:+98%
iv) UBA:+151%
V) First Bank Holdings:+173%