Nigeria, June 16 -- Nigerian stocks added 0.7 per cent last week, with only three trading sessions observed on account of public holidays on Monday and Thursday.

Buyers' interest in consumer goods and industrial goods equities drove the advance. The main equity index has returned 12.1 per cent so far this year, with the consumer goods index leading the four other sector indexes.

"The equities market might be mildly positive, leading to a slight gain in the ASI. This is hinged on the market benefiting from the spillover effect of excess liquidity in the financial system," analysts at United Capital said ahead of the week.

"Similarly, investors might start positioning for Q2-earnings season in June, favoring corporates with FX gains, cos...