Nigeria, May 4 -- Nigerian stocks appreciated by 7.3 per cent last week, driven by industrial goods equities, taking the year-to-date yield to 55.7 per cent. The market achieved that on the back of improved trade volume in spite of limited trading days.
The momentum is expected to continue this week as the positive market sentiment from the largely impressive first-quarter results is anticipated to drive trade.
"Market activity is expected to be driven largely by positioning ahead of dividend payments and anticipation of Q1:2026 earnings releases, particularly in fundamentally sound names across the sectors," said analysts at Meristem Securities in a note to investors last week.
PREMIUM TIMES has assembled some stocks with sound fundam...
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