C&I Leasing, Mutual Benefits, NNFM top stocks pick this week

Last week, Nigerian stocks advanced by 0.5 per cent, driven by investors’ increased demand for consumer goods and oil & gas stocks.

Companies have started issuing their financial reports for the first nine months of the year, meaning that is likely to play a major role in the price movement of stocks in the next couple of weeks or months.

Energy stocks continue to lead other sectors in terms of performance, having yielded more than double their value at the beginning of the year.

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