Lists determinant in equities movement for 2015
UNITED Capital Plc, formerly UBA Capital has released a report, which contains a detailed review of the market in 2014 with projections for 2015, even as the firm listed four major factors expected to largely dictate movement in both equity and fixed income markets albeit in different degrees during the year.
Speaking at the unveiling of the firm’s research work on Nigerian economy and financial markets 2015 titled ‘A Tale of Two Halves’ in Lagos last week, the Group Chief Executive Officer of United Capital Plc, Mrs. Oluwatoyin Sanni listed the factors to include: post election scenarios, aggressive tightening by the Central Bank of Nigeria (CBN), variability in foreign portfolio flows and the downward trajectory of crude oil prices.
Sanni added that the Nigerian economy would face one of the most difficult times in history as global crude oil prices, a key anchor for fiscal and macroeconomic stability continue on a downward trajectory in 2015.
She explained that the 2015 report investigates the impact of the global economic and trade activities within advanced economies, adding that it further dissects the impact of global financial activities on the Nigerian economy expected to face one of the most difficult times in history, even as global crude oil prices, a key anchor for fiscal strength and macroeconomic stability, continues on a downward trajectory in 2015.
“The report provides a detailed review of the Nigerian market in 2014 with projections for 2015, commencing with a Global perspective and review of key African markets. It discusses the outlook for different sectors, inherent opportunities as well as strategies for navigating the financial market.
“The very comprehensive report is an invaluable tool for investors covering global economic review and outlook, Africa update and outlook, oil price dynamics and Nigeria 2015 outlook, domestic macro-economic trends and outlook, capital market review and outlook as well as specific sector reviews and recommendations.
“We are pleased to release the Nigerian Economy and Financial Markets 2015 report at United Capital. The report contains extensive research on capital markets, providing an in-depth analysis of various market groupings and industry trends that have shaped our predictions. We are confident that this Report will be an investment and financial decision making resource of great value to our clients,
She reiterated the company’s commitment towards providing bespoke value-added services to its client.
“ United Capital is recognized regionally for its strategic role in helping Africa governments and citizens (both individual and corporate) achieve their economic objectives through a robust suite of financial and investment banking service offerings. United Capital group activities are driven by its Investment Banking, Asset Management, Trusteeship, Securities and Insurance subsidiaries and affiliated companies.”