Volatility Ahead On Funds Inflow, As Investors Analyze Q3 Earnings

By Investdata Analysts At the end of Tuesday trading on the Nigerian Stock Exchange (NSE), the benchmark All-Share index closed higher, reversing the previous session’s loss on an increased buying interest in manufacturing stocks due to the improvement in Purchasing Managers Index for the month of October, despite the mixed earnings reports emanating from the sector. Many companies in the consumer and industrial goods sector have posted better than expected numbers regardless of the prevailing economic situation. The index’s up and down movements in the new month is likely to…

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