Nigerian stocks rise higher amid rush for consumer goods shares

advanced for the thirty-first day on Monday as the benchmark index jumped by 1.9 per cent, strengthening the positive sentiment that has seen a great deal of investors’ cash chase equities for a number of weeks.

“We anticipate a calm atmosphere in the domestic equities space, as investors are likely to revert to standoffish positions in the space following a relatively strong earnings season,” said analysts at investment bank United Capital. Market breadth, a pointer to investors’ sentiment to trade, closed in the positive as 37 gainers emerged compared to 22 laggards.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Bargain Hunting To Continue In Good Fundamental StocksThe bullish momentum in the local bourse gained steam as sustained bargain hunting activities in blue-chip stocks pushed the All-Share Index above the 50,000
La source: LeadershipNGA - 🏆 4. / 77 Lire la suite »