How Q3 corporate earnings prompt N1.708trn equities gain in October

The Nigerian equities market gained N1.708 trillion in the month of October 2023 as investors reacted to better-than expected corporate results released on the Nigerian Exchange.

The month of October was eventful, marked by the influx of impressive corporate earnings reports at its peak. The better-than-expected corporate earnings despite the gloomy economy has impacted the market positively at a time the rising inflation has left fixed income market instrument in negative real returns.

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