Hopes of sustained recovery drive momentum in equities

Hopes of sustained recovery drive momentum in equities

The equities market opened last week hesitant, but picked up in the last three trading sessions, on the backdrop of improved economic data. Accordingly, the All Share Index (ASI) advanced 1.3% w/w to settle at 35,957.24 points, spurring YTD return to 33.8% as market capitalization added another N156.0bn to settle at N12.4tn. The opening balances…

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