Mixed sentiments trailedthe Nigerian stock market last week amid portfolio reshuffling with the major market indicators closing lower.
This is the third consecutive week that the market is closing lower due to selloffs of shares in both mid and highly capitalized companies across the sectors.
Analysts have emphasised that there had been an increase in the number of companies notifying the market of their board meetings as directors meet to approve the audited financial statement for 2024 and declare dividend for shareholders.
They noted that this development is expected to impact the market positively if these numbers beat expectations in reward and performance.