The Nigerian equities market resumes on Monday after closing in positive territory last week.
The All-Share Index recorded a modest 0.12% weekly gain to 245,573.60 points, driven by narrow gains in financial heavyweights despite a broader market sell-off,
While market capitalization expanded by N187 billion and year-to-date returns reached 57.81%, a negative 0.41x market breadth saw 63 equities decline compared to 26 advances.
Analysts expect investors are cautiously optimistic about whether the market can sustain the momentum this week.