Nigeria, June 15 -- Nigerian stocks added 0.9 per cent last week, recovering from the depreciation it recorded penultimate week, supported by increased investors' interest in bank and oil & gas stocks. That took the year-to-date yield of the market to 57.3 per cent.

"Following the strong rally witnessed in recent months, investors may continue to capitalise on elevated prices to lock in gains, particularly in stocks that have recorded substantial year-to-date appreciation," said analysts at Meristem Securities in their outlook for the week.

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