The Nigerian equities market shed 0.17% at the close of trades last week, stretching its losses further to -5.93%. The All Share Index thus settled at 29,565.95pts. Strong bearish sentiment on the first day of trading outweighed the recovery observed on the last three sessions. The performance of the market thus worsened at the end of the trading week. We therefore expect to see some buying pressure in the market, securing a positive close to the market this week.
Stock Recommendation- 15th April, 2019
The Nigerian equities market shed 0.17% at the close of trades last week, stretching its losses further to -5.93%. The All Share Index thus settled at 29,565.95pts. Strong bearish sentiment on the first day of trading outweighed the recovery observed on the last three sessions. The performance of the market thus worsened at the end of the trading week. We therefore expect to see some buying pressure in the market, securing a positive close to the market this week. find attached for full report.