Equity rally continues as losses moderated to 11.5%
EQUITY rally continued on the Nigerian Stock Exchange, NSE, last week following the resumption of ministers to their various portfolios. Consequently, investors’ loss moderated Year-to-Date, YtD, to 11.5 percent from 12.09 percent. Notwithstanding the rally, analysts have moved for cautious trading this week arguing that the upward trend was not motivated by any macroeconomic factor and, therefore, may not be sustained.

