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CardinalStone

CardinalStone
External broker reports(aggregated public sources)
CardinalStone

372
Insights
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Nigeria • Equity Bottom-Up • Thematic (Sector/Industry)

Top Sectors

Financials
53%
Consumer Staples
14%
Energy
8%
Industrials
8%
Materials
6%
Communication Services
6%
Consumer Discretionary
3%
Health Care
1%
Utilities
1%

Top Verticals

Equity Bottom-Up
57%
Thematic (Sector/Industry)
27%
Macroeconomics
16%
Cross Asset Strategy
0%

Top Entities

Dangote Cement
110
MTN Nigeria Communications
110
Hbm Nigeria
100
Zenith Bank PLC
100
SEPLAT Energy
93
Ecobank Transnational Inc
86
FCMB Group
83
United Bank for Africa
77
Airtel Africa
69
Stanbic IBTC Holding Co
66

Top Countries

Nigeria
93.8%
United Kingdom
2.6%
United States
1.3%
China
0.8%
Hong Kong
0.5%
Japan
0.5%
South Africa
0.3%
Australia
0.3%
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