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šŸ“ˆ Nigerian Equities Soar in 2024: Record Highs Mark Third Consecutive New Year Surge šŸ‡³šŸ‡¬

šŸ“ˆ Nigerian Equities Soar in 2024: Record Highs Mark Third Consecutive New Year Surge šŸ‡³šŸ‡¬

#economy
#investments
šŸš€ Nigerian equities kick off 2024 with a bang, marking three consecutive years of stellar New Year performances. With the All Share Index hitting an all-time high and banking stocks leading the charge, early investors position for another robust year, fueled by last year's impressive 45.90% growth. šŸŒšŸ’¹

Nigerian equities are on a winning streak, opening the new year with a record-breaking surge for the third consecutive time. The All Share Index hit an all-time high of 78,020.54, building on the momentum from 2023, where the market exceeded expectations with a 45.90% growth, outpacing inflation. Banking stocks are a major driving force in 2024, attracting investors who missed out on the previous year's rally. Analysts anticipate positive full-year reports, share buybacks, and new listings to contribute to the sector's continued success. However, a cautious note warns of potential sell-offs by investors aiming to secure profits in Q2. šŸ“ŠšŸ“ˆ #NigerianEquities #StockMarket #Investing2024


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