Bears may resurface this week as investors book profit — Analysts –


By Nkiruka Nnorom

Investment analysts have indicated that the equities market may likely close in the negative this week following positioning by investors ahead of release of the nine month and third quarter (Q3’21)financial statements.

They posited that bargain hunters will move in to take profit from gains recorded in the previous week.

Gains in Tier-1 banks drove the market higher last week as investors flocked into Tier-1 banks ahead of the Q3’21 earning releases.

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