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  We leave you as the Judge, as we look to close the year high.

Is ETFs the Investment Destination for Investors in 2020? The 2019 financial year had come and gone and it left a sour taste in the mouth of investors as the Market was down 14.60% the second consecutive loss in two years. In the last couple of years there had been much talk about Exchange Traded Fund (ETF) and how investors can rally around it to reduce their portfolio volatility and to a large extent enjoy some measures of profit.  Although there had been paucity of data as regards the ETF in Nigeria as the awareness is still in the early stages and the public perception is still with so much vagueness. However, new Funds continue to come to the Market in a view of providing investors with options, in this report we would only consider those that had been around for a minimum of 9 months or more, and compare their performances with the ASI and other ETFs with the time frame based on data availability. Meristem and Afrinvest launched two of such last March and interestin

Nigeria Stock Exchange closed the year 2018  on the low couldn't maintain the momentum of 2017. 2019 did not fair better due to the heightened political risk spurred by the general election. FPI and FDI could not keep faith with the Nigerian state then the exodus of forex through repatriation. Although the naira remain relatively stable  in the course of the year compare to the precious year.  For two consecutive years now, the ASI declined by 17.81% and 14.60% for 2018 and 2019 respectively. The listing of MTNN and AIRTEL could not save the ASI from declining in 2019. Although the ASI closed on a negative note, it was not the same story for all the stocks listed on the Exchange.   Find below the top 10 gainers of 2019:   TOP TEN GAINERS FOR 2019 31/12/2018 31/12/2019 Security Close Close Change DANGFLOUR 6.85 22.4 227.01% CORNERST 0.2 0.45 125.00% AGLEVENT 0.27 0.6 122.22% THOMASWY 0.23 0.38 65.22% CHAMS 0.2 0.33 65.00% CHIPLC 0.38 0.6 57.89% OMOMORB