Nigeria, April 7 -- Last week, the Nigerian equity market ran limited trading sessions as the country observed Friday as a public holiday in commemoration of this year's Good Friday. Index movement was flattish, with the all-share index inching up by 0.4 per cent, driven by banking sector stocks.

Investors and analysts are still awaiting the audited corporate results of a good number of lenders notably First HoldCo, Access Holdings and Zenith, which should be out any moment soon and could be one of the major driver of price movement in the near time.

"As we approach a new quarter, we expect bargain hunting in fundamentally sound stocks to emerge; this is supported by possible ongoing portfolio rebalancing," analysts at Meristem Securiti...