The year-to-date (YtD) return of Nigeria’s equities reached new high of +30.63 percent on Friday July 25 as investors booked gain of about N1.814trillion in the review week.
This year, consumer goods stocks have rallied most on the Bourse, followed by banking, industrial and insurance stocks while oil & gas stocks have seen major profit taking activities.
The review week’s gain was driven remarkably by record rally across key sectors led by industrial (+4.66percent), insurance (+3.07 percent), consumer goods (+2.81percent), banking (+1.84percent) and oil & gas (+0.87percent).
