Banking index raises stock market by N1.08tn

Banking index raises stock market by N1.08tn,
Despite investors’ sentiment trading and uncertainty surrounding the 2023 general elections, the anticipation for dividend payout and sectoral performance of the NGX bank index raised the stock market capitalisation by N1.08tn in January. The stock market in 2022 recorded foreign investors’ apathy due to the scarcity of foreign exchange, double-digit inflation rate, and hike in
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Despite investors’ sentiment trading and uncertainty surrounding the 2023 general elections, the anticipation for dividend payout and sectoral performance of the NGX bank index raised the stock market capitalisation by N1.08tn in January. The stock market in 2022 recorded foreign investors’ apathy due to the scarcity of foreign exchange, double-digit inflation rate, and hike in
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