Nigeria, Dec. 29 -- Nigerian stocks are showing no sign of giving up their uptrend momentum any moment soon as their fourth successive weekly gain this month, reported last week, could serve as a herald of a solid start for the new year in the month ahead, with 2025 winding down in just a few days.

All but the Insurance Index depreciated of the five sector indexes tracked by the exchange last week, pointing to a broadly robust investor sentiment.

"We expect increased position-taking ahead of 2025FY earnings releases particularly in fundamentally resilient counters, as investors realign portfolios before year-end," analysts at Meristem Securities had projected ahead of the week.

"This outlook is further underpinned by expected gains in ...