Weekly Wealth Digest for November 02, 2026

By Yahya Abdulrahman All Research, Weekly Report and Stock Recommendation 0 Comments

Dear Esteemed Client, click to see our weekly recommendation

Oil drops almost 4% on hopes of progress in talks on ending US-Iran war

Oil fell nearly 4% on Monday as talks between ‌Iranian and Qatari officials on a deal to end the US-Israeli war on Iran raised hopes that Middle East supply disruptions could ease. Iranian negotiators left Doha talks on Sunday, but not due to difficulties in negotiations, an official briefed on the meeting…………REUTERS.COM

US GDP Growth Accelerates to 3.4% in Q3 2026, Despite Persistent Inflationary Pressures

Real gross domestic product (GDP) increased at an annual rate of 3.4 percent in the third quarter of 2026 (July, August, and September), according to the advance estimate released by the U.S. Bureau of Economic Analysis (BEA). In the second quarter, real GDP increased 2.2 percent…………..BUREAU OF ECONOMIC ANALYSIS

DMO rejects N1.84 trillion bids, pushes T-bill rates lower

The Debt Management Office (DMO), through the Central Bank of Nigeria (CBN), rejected N1.84 trillion in investor subscriptions at the October 28, 2026 Nigerian Treasury Bills auction, allotting just N71.16 billion as the one-year stop rate declined to 15.80%………………NAIRAMETRICS.COM

Below is the summary of our recommendations for the week. For a detailed review, kindly find attached the recommendations for 02112026.

S/N	SECURITIES	LAST CLOSE	52 WEEK HIGH	52 WEEK LOW	EPS	BVPS	P/E RATIO	INTRINSIC VALUE / COUPON	UP/DOWN SIDE	RECOMMENDATION
1	DANGCEM	1,420.00	1,420.00	534.60	58.37	158.87	19.08	1,533.08	8%	HOLD
2	HBMNG	350.00	389.90	130.00	16.89	37.97	16.71	427.49	22%	BUY
3	ETI	71.00	97.40	31.50	20.30	158.72	2.73	84.02	18%	HOLD
4	GTCO	120.00	156.95	77.50	16.58	95.29	5.63	152.94	27%	BUY
5	FIRSTHOLDCO	119.15	165.00	29.85	16.46	84.92	13.52	109.73	-8%	SELL
6	CADBURY	57.00	75.25	53.00	445.00	10.33	2.29	54.04	-5%	SELL
7	GUINNESS	423.00	499.00	153.00	18.58	29.36	16.77	495.86	17%	HOLD
8	AFRIPRUD	10.60	19.25	10.10	0.67	3.44	12.62	13.20	25%	BUY
9	UNILEVER	109.00	172.00	69.00	4.60	18.05	17.22	156.97	44%	BUY
10	STANBIC	162.00	188.55	94.60	23.03	89.94	5.51	206.02	27%	BUY
11	NEWGOLD	78,000.01	204,600.00	51,100.00	N/A	N/A	N/A	127,421.45	63%	BUY
12	STANBICETF30	1,000.00	7,003.96	490.00	N/A	N/A	N/A	1,534.27	53%	BUY
13	FGN BOND 25 JUNE 2032				N/A	N/A	N/A	17.95	16.92%	BUY
14	EUROBOND FGN 2051				N/A	N/A	N/A	8.25	8.13%	BUY
15	NTB 02 SEP 27				N/A	N/A	N/A	–	15.85%	BUY

Weekly Wealth Digest for November 02, 2026