“Consequently, we see scope for the market to sustain the positive performance in Q1, 2022, given investors’ positioning in dividend-paying stocks ahead of 2021 full year dividend declarations and bargain hunting activities in value stocks with sound fundamentals.”As measured by market breadth, market sentiment was positive as 20 stocks gained relative to 15 losers. Courteville Business Solutions recorded the highest price gain of 10 per cent to close at 55 kobo, per share.
Mutual Benefits Assurance lost 3.70 per cent to close at 26 kobo, while UPDC Real Estate Investment Trust shed 3.45 per cent to close at N1.12, per share.
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