Nigeria, July 21 -- Nigerian stocks appreciated for the eighth week in a row last week, adding 4.3 per cent as increased interest in industrial goods equities drove gains.

Positive sentiments around the corporate results for the half-year period are likely to be a key driver of activity in the market in the near time as the earnings season begins and investors position ahead announcement of interim dividend.

"We expect the Nigerian equities market to extend its positive performance due to sustained interest in tickers with strong fundamentals as investors anticipate impressive H1:2025 corporate earnings performance," analysts at Meristem Securities said in their outlook for the week.

"Also, moderating yields in the fixed income market ...