Nigeria stock investors lost over N600bn in April

…buy sentiment subdued despite Q1 earnings season

Nigeria stock

Despite earlier expectations of portfolio realignment in favour of equities market, it never happened in April at the Nigerian bourse. Rather, the market witnessed increased subdued buy sentiment leading to stocks value erosion in excess of N600 billion, amid influx of first-quarter (Q1) corporate scorecards. “The equity market recorded more depreciations than appreciations in the…

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