Latest / Green Ticker Tales / NGX Premarket June 25, 2026

Transcript

NGX Premarket June 25, 2026 · Green Ticker Tales

• 0:00
  Good morning. Welcome to today's pre-market podcast. For a bit more context, please find the time to tune in at about 6 a.m. Nigerian time, where the video goes up on youtube.com slash GreenTickerWarrior, youtube.com slash GreenTickerWarrior. So, what's on my radar for today's trading session? As I just said, TDL out of the entire market because we had the index down by 2.35% yesterday. A lot of big cap names fell.
• 0:28
  You had Dangode Cement down 10%, Boa Cement down 10%. So clearly, you had some softness in the likes of Zenit Bank and FCNB. FCNB showing a 10-hour share. That's a key point from a psychological trading perspective. So there's lots of softness in the market, and I think it may continue today, especially if we have some of the big cap names that have held fort or held firm so far start to dip. I mean, you look at the likes of Aradel.
• 0:57
  close flat at $1,750, but we've seen trades in the $1.5-ish, $1.6-ish range. You look at MTN Nigeria, I think I saw trades around $750, $770 yesterday, but it's flat. So if we have those stocks pull back, then you're going to have a further pullback in the market. So it's likely going to be another negative day. But I mean, I think this is time for cherry picking. The only difference is,
• 1:27
  Rather than an outright buy, in my view, one has to start accumulating and a very low level of accumulation. So if, for instance, the goal is to, say, drop a million naira on the stock rather than going the entire 500k, 700k, or dropping the entire 1 million, at best one can decide to phase it, maybe do 100, 200,000 a month, see how it goes.
• 1:56
  If we have June, and this June is almost over, we're already having a red market like this, we're kind of going to trade sideways to maybe mid-July or so, when you start to have some of the earnings start to trickle in. So until then, I don't see any catalyst in the market. Move cautiously, move cautiously, accumulate where you see value, accumulate where the technicals tell you.
• 2:25
  that these stocks are trading at a way below S1 support zone. But other than that, this is not the time to dive in heavy into the market. So switching over to the Pidgin English side of things, my people everywhere read yesterday, everywhere read yesterday for Niger stock market. And we can be like that, say some of the stocks where I like to recall the big, big masquerade.
• 2:54
  uh the dangoli cements the poor cement they'll be just four hard yesterday not be smarting uh whether some big big ben big big boys and big big girls the exits will never know but uh now we didn't make market red yesterday and they today feel red as well because uh the stars went on for yesterday before today uh you may see market go red but market go red but not be batting and you know in a market sometimes prices they go up sometimes prices they go down
• 3:23
  As prices go down, those who want to buy, they can start to buy. As prices go up, those who want to come out to market, they can start to come out to market. That's what we see today. All those stocks, the Dagode Cement, the Boa Cement, even the Arade, the Boa Arade, the price didn't change yesterday, but during the market, when the market trades, the people who buy the stock, they say the stock is under $1,500, $1,575.
• 3:51
  one six so maybe we see how to go through today so the way the market be a market where person they work out small small this will not be the time to those two one big money inside market anybody won't take money inside market now you go to can small small you go buy small small so every fault is pay you if you go up it's to pay you and but uh to work out softly for this market so now so we see him i will collect in this market group later in the day we can go arrange my site we can go hustle for daily 2k
• 4:21
  I'm going to sit here and keep my money inside this market. I will go jam for a little bit of that.