Stocks like Presco, Beta Glass, Champion Breweries and other major advancers on the Nigerian Exchange Limited (NGX) caused the market to closed in green on Monday.
The market increased by 0.37 percent as the share price of Presco which recently joined the N1,000 per share league increased the most, from N1,100 to N1,210, adding N110 or 10percent.
“We expect the market to stay positive, supported by strategic moves from tier-one banks following the recent CBN circular, though the upcoming FGN bond auction may weigh on sentiment early in the week,” Futureview Research analysts said ahead of market close.
