Nigeria’s equities market opened the month of March in red, decreasing by 0.34 percent at the close of trading on Monday, March 3.
The Nigerian Exchange Limited (NGX) All-Share Index (ASI) and equities market capitalisation which closed last month at 107,821.39 points and N67.193trillion decreased to 107,455.13 points and N67.287 trillion.
Despite the negative start to March, Futureview research analysts believe that the market is poised for a positive trend this week, “driven by renewed investor interest in undervalued stocks”.