Equities investors are increasing their position in insurance and industrial stocks despite profit taking in banking, consumer goods and oil & gas stocks. The buy decision in favour of insurance and industrial stocks pushed the market higher by 0.12 percent at the close of trading on Tuesday.
In their weekly stock recommendation, Futureview research analysts maintained a cautiously optimistic outlook for the Nigerian equities market this week, “anticipating continued upward momentum driven by strong corporate earnings”.
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