Sentiment Analysis Report – W/E June 22, 2012
Analysis of the market activity in the week ended June 22, 2012 technically revealead low optimistic trading and weak bargain posture amid growing speculative tendency in the investors’ trading pattern as against increased in optimistic trading and improved bargain posture laced with speculative propensity observed in the previous week’s performance.
Further analysis revealed sustained moderate risk appetite as investors remained optimistic toward stocks that are below N5.00 (penny stocks), indicating that the blue chip and high priced stocks are yet to stablise within trading range.
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