The Nigerian equities market has rebounded from a bearish correction that lasted three consecutive weeks, defined by profit-taking and sector rotation, to report a mouthwatering addition of N9.34 trillion to investor portfolios in the trading week to Friday, July 10. Driven by massive institutional appetite for fundamentally strong heavyweights, the extraordinary single-week surge stands out as one of the largest weekly wealth-creation events in the history of the local bourse. The week’s historic buying frenzy propelled the market capita
The Nigerian equities market has rebounded from a bearish correction that lasted three consecutive weeks, defined by profit-taking and sector rotation, to report a mouthwatering addition of N9.34 trillion to investor portfolios in the trading week to Friday, July 10. Driven by massive institutional appetite for fundamentally strong heavyweights, the extraordinary single-week surge stands out as one of the largest weekly wealth-creation events in the history of the local bourse.
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