Stock Recommendation – Monday, 8th November, 2021

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Last week, investors at the Lagos Custom Street embarked on profit-taking to halt the seven week-on-week positive rally as the market performance indices declined in three of the five trading sessions, following sell-off majorly in banking and Oil & Gas sectors.

Consequently, the All-Share Index shed 24.10 basis points, representing a decrease of 0.06% to close at 42,014.50, while the Market Capitalization lost ₦12.58 billion, representing a decline of 0.06%, to close at ₦21.93 trillion.