upped by 0.77 or N171.7 billion on Tuesday, an auspicious start for trade in the new year, even though there are still concerns around the chronically depressed levels of trade volume, which crumbled by more than half compared to that of Fridaymarket valueAiding gains, the Industrial Goods Index jumped 2.95 per cent, which placed him ahead of the four other sector indexes tracked by the bourse.
“We expect the market to open the year on a mild bearish note as investors take profits off the table,” analysts at brokerage United Capital said in their outlook note for this week seen by PREMIUM TIMES.
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