Nigeria, March 23 -- Nigerian stocks pulled off a 1.4 per cent gain this week, even as the market saw limited trading sessions on account of public holidays on Thursday and Friday, marking this year's Eid-el-Fitr celebration. Increased interest in industrial goods stocks drove the surge.
As the first quarter of the year gradually winds down, investors' focus will be on the release of the audited financial reports of big lenders and potential announcement of dividends, with the deadline for filing barely a week away.
"Although, intermittent profit-taking may persist, as some investors continue to lock in profits following the recent rally, we expect any pullbacks to remain largely contained, as the underlying demand for fundamentally sou...
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