The Nigerian Exchange Limited (NGX) All Share Index (ASI) rose by 0.35 percent on Monday, pushing this year’s return higher to 3.11 percent.
The market continued its upward trend at the beginning of the week as investors favour consumer goods and banking stocks, despite sell pressure on oil & gas stocks.
“We anticipate a positive performance in the equities market this week, supported by strong corporate earnings releases and sustained dividend positioning by investors,” Futureview research analysts said.