Nigeria, Oct. 27 -- Nigerian stocks gained 4.5 per cent last week, driven by increased buy interest in industrial goods and oil & gas stocks.
The main share index has returned 51.2 per cent year to date.
With the earnings season already here, increased activities in terms of earnings release and trading are expected to be seen in the market in the weeks ahead.
"In our view, investors sentiment will be largely influenced by 9M:2025 earnings releases and dividend declarations, which should bolster buying interest from dividend seeking investors," analysts at Meristem Securities said ahead of the week.
"In the same vein, the recently released inflation data (headline inflation for September fell to 18.02% YoY vs. 20.12% YoY in August) is...
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