Stock Recommendation – Monday, 24th January, 2022

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Last Week, the Nigeria equity market sustained the weekly rally as the market rose in four of the five trading sessions following investors’ appetite in bellwether such as AIRTELAFRI, SEPLAT and the completion of tranche-II shares buy-back of Dangote Cement Plc.

Resultantly, the All-Share Index grew by 1,502.68 basis points, representing an increase of 3.38% to close at 45,957.35, while the Market Capitalization gained ₦809.62 billion, representing a growth of 3.38%, to close at ₦24.76 trillion.