Equities trading on the Nigerian Exchange Limited (NGX) closed positive (+0.23percent) on Tuesday as more investors bought stocks like Beta Glass, Berger Paints, Cadbury and NCR.
“Market sentiment remains cautious, with investors gradually positioning for long-term value plays, suggesting only a mild recovery in the near-term,” Futureview research analysts said in their August 25 stock recommendation.
The market’s year-to-date (YtD) return increased to 37.73 percent. This week, the stock market has risen by 0.54 percent, while the return month-to-date (MtD) stood at 1.36 percent.
