NGX Forms A Double Bottom Amid Negative Outing, Mixed Macroeconomic Data

Independentng | 19-08-2024 12:21pm |

Last week, expectations for the Nigerian stock market were high, with forecasts suggesting it might trade above the 99,000 psychological level. This optimism was largely based on the continued bullish performance of major stocks such as Oando, Julius Berger, and MTNN. However, the market’s performance diverged from these projections. Oando’s stock experienced a decline for [...]

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