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Impressive Q4 earnings to drive positive vibration in February

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Impressive Q4 earnings to drive positive vibration in February

01 Feb, 2022

The market last week was bombarded with Q4 results of companies listed on the Nigerian Exchange. To a large extent, the results released so far were fantastic as growth were recorded in top line and bottom line figures of most company. The market is obviously set for a rally in the coming weeks as most of the results started to hit the market in multiples when the market had closed on Friday.

Commenting on the performance of Q4 2021 earnings released to the market,a market analyst stated that 
“Earnings released to the market so far has been fantastic. That is what is driving the market. It shows that Nigeria Economy has got out of the grip of covid 19, it means that it has discounted covid-19. It shows that everything is in order.