Nigeria, Dec. 1 -- Nigerian stocks marginally declined by 0.1 per cent last week, even as trade volume improved by roughly 52 per cent.
The financial services sector, dominated by banks and insurers, remained the top choice of investors as it alone accounted for 70.1 per cent of transactions.
So far this year, only the oil and gas sector, at 0.5 per cent, carries a negative yield of the five sector indexes, while the benchmark index has returned 39.4 per cent.
"As investors remain cautious into year-end, activity is likely to be driven by selective buying in fundamentally strong stocks now offering attractive re-entry points," analysts at Meristem Securities had said in their outlook for the week.
PREMIUM TIMES has assembled some stoc...
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