Chook your ear here, my people! Na big news wey dey come from Meristem Stockbrokers wey don dey talk say our equities market go dey shine. Dem don predict say e go continue to dey rally because fundamentals dey strong, inflation dey ease, and our macroeconomic matter dey get beta.
Saheed Bashir, wey na the Managing Director for Meristem, yarn this one during dem annual economic outlook for Lagos wey dem call ‘From Stability to Strength.’ E talk say the way our economy don stabilize recently don lay better ground for market beta performance.
Bashir no just talk wetin go sweet ear, but e gree talk say despite the 51 per cent returns wey some stocks don bring come, e still dey feel say plenty value dey for those companies. “E no mean say our equities market don dey overvalued,” e add, “economic fundamentals still dey support strong performance.”
Bashir also yan say inflation pressure dey start to calm down, as he dey counter wetin people dey fear about prices wey fit spike again. “We no dey see inflation wan reverse again,
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