Market Update For The Week Ended May 17 And Outlook For May 20-24
The bearish mood on the Nigerian Exchange slowed down over the week under review on a mixed sentiment, as investors took advantage of pullbacks to buy into value, while some players are still selling to reposition their portfolios in the midst of higher fixed income markek yields and mixed corporate earnings in the face of runaway inflation and gloomy economic situation to reflect the impact of ongoing economic reforms of the government.
