Analysts also point at the increased confidence bolstered by the sustained stability in crude oil prices in April.
However, in February, the market went on a full reverse, wiping out all the gains recorded in January following a shift in investors’ preference to fixed income in response to the uptick in TBs yields.The market sustained the downward tempo in March, though moderately as yields in fixed income continued to trend upwards.
Also, the All Share Index went up to 39,834.42 points from 39,045.13 points, representing 2.02 percent increase.
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