The outcome of the Central Bank of Nigeria,CBNs Monetary Policy Committee, MPC meeting this week will determine further direction of the stock market, even as investors sustained the return of bullish momentum last week.
The Nigerian Exchange Limited, NGX closed last week on a positive note, as buying interest in BUA Foods, which went up by 6.7, followed by Guinness Nigeria surging by 28.6, Dangote Cement 1.0 and Nigerian Breweries, NB 8.1 lifted the All-Share Index, ASI by 0.9 Week on Week, W/W to close at 141,854.48 points.