Cautious equity investors, anticipate MPC’s outcome, amid portfolio realignments

Bank Stocks’ Investors Gain N261bn In April

Cautious equity investors, anticipate MPC’s outcome, amid portfolio realignments   By Investdata Analysts   In recent days, the bulls and bears have battling for dominance on the Nigerian Stock Exchange, propeling the ongoing oscillation amidst the earnings reporting season’s peak and rising yields in the fixed income market. The last full trading week of the March and first quarter started Monday on a positive note as investors expect more earnings reports, which coincides with the anxious wait for the outcome of the all-important Central Bank of Nigeria’s two-day Monetary Policy…

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