In the trading week ended July 4, Nigeria’s equities market rose by N377billion despite mixed sessions of positive and negative closes.
Investors have started positioning in stocks that have the potential for interim dividend payment.
Consumer Goods, insurance, and banking stocks recorded increased bargain in the review week while activities of profit takers muted Oil & Gas and Industrial stocks.
Market watchers had ahead of the review week’s trading expected the equities market to continue in its upward trend leading to a slight gain in the ASI.
