Latest / Green Ticker Tales / NGX Premarket June 17, 2026
Transcript
- 0:00Good morning, welcome to today's pre-market podcast. For more context, Crawford's over at 6am Nigerian time at Green Ticker Warrior on YouTube for the video. So, what am I looking at today? At first, it's the banking sector. We saw some of the tier 1 banking names dip slightly in yesterday's trading session. I'm talking about the likes of GT Co, Zenit. You had slight dips in those stocks.
- 0:29uh we went through them in the video yesterday we'll probably go through them this morning but it's starting to look especially for the case of zenith zenith is straightening below book value slightly below book value uh so um i think that accumulation should probably start at some point because there's no reason why this stock i should be trading below book value we had a surprise dip in the price of uh vita from yesterday um vita from fell by 10 so
- 0:58and it's it's calling surprises because suck barely falls or barely moves in such a big proportion vital from closing out 189 naira i share and so it definitely is on my radar the offshore index is on my radar the index clues are just above uh just roughly you can say the index clues are roughly 242 000 um points at that point we are just in the first support zone s1
- 1:25If we lose that support zone, it's going to be a big deal because the next support zone is the 233K level. I don't see that happening today. I mean, but if we even have a 0.10, 0.20, 0.3% decline, it probably will push us below 240K and then we'll have to see if we can hold 240K or we'll end up going all the way to 233K. So that's a rundown of...
- 1:53how i'm going to be paying attention to the markets you mostly have the banking names tier one banking names i've been services everywhere and you have the likes of regency alliance insurance are closed below one night as one of the few stocks on the exchange in fact i suspect that at the moment regency alliance insurance is probably the only stock on the ngx that is trading at or around the factor two actually
- 2:21so just one of the two stocks on the exchange actually that's below the one iron mark uh ftg insure and regency alliance insurance so let's see if we're going to see some recovery from that perspective for those stocks and so that's pretty much about this switching over to the busy in english side of things my people money money money uh or more will they see this market it's just a red they go they're ready to go and they thought they'd be this way market just here but you don't see us making the red where some people they happy because they're
- 2:51as prices they come down those who won't buy could start to the ready money uh notice in uh middle of the month and so for many salary people when you know they like that everywhere just you but we will see as the market will be if you be saying things could just read to the end of the month so with money not there now in time money there they always do something to buy for market and so which are the two guys for today which are the touch lights when the stock market go up and fighter from bdmi stock just fall by 10 percent you know say this now
- 3:20masquerade don't need to move like that uh because the volume is not today like that so as the stock fall like this don't drop you know 200 and i want it to nana id and you still get so the two young shall grow stocks will be four uh will be day below one era the two of them insurance stocks we can see alliance today fdg ensure today and you know say to the trade below one era many many very very few stores in this nigerian market even even that one already
- 3:50it did not many like that we did that one there so as people see say the stock go for below one there i should say many people they ready their money to that to the body stock and so i will do watching market today and the full market if you watch the esi now the number will be using gauge in full market waiting now if you fall below that level and we'll go for around 233k but uh so we'll see the market you know say as you're using the market and how the market could be go different so if you get time
- 4:201 p.m niger time if you cross over by then trade it don't start for market you will see as things beating there you can go around my side you know say now we market the red as opportunities day and guys look for daily 2k increase the number of daily ticket where you see we go used by the market i say go be i will go jam for middle of the day