Investors in the Nigerian capital market are currently experiencing a boom after a run of bearish sentiment.
At the end of trading on Friday May 3, 2024, the benchmark All-Share Index (ASI) rose +1.46% to 99,587.25 points from 98,152.91 points the previous week, snapping its sixth consecutive weekly loss as investors gained N811.48bn as market capitalization rose to N56.32trn, while the year-to-date returns rose to 33.18%.
This follows renewed interest in heavyweights like MTNN, Zenith Bank, GTCO, Julius Berger making them stocks to watch in the new week.
