Sterling Bank, Coronation Insurance, Africa Prudential top stock pick this week
Nigeria, May 18 -- Nigerian stocks continued their upward trajectory last week as the benchmark index expanded by 2.3 per cent, taking the year-to-date yield of the market to 60.9 per cent. Industrial goods stocks were the main driver.
"Investors are expected to continue positioning in response to ongoing Q1:2026 earnings releases, while dividend considerations should remain a key driver of portfolio rotation across major sectors of the market," analysts at Meristem Securities said in their outlook for the week.
This week, investors will be on the lookout for the outcome of the Central Bank of Nigeria's monetary policy committee meeting, which could shape positioning in equities in the near term.
PREMIUM TIMES has assembled some stocks...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.