The Nigerian stock market rallied in the month of May 2022, attributed to positive investor sentiment in the equities market. The All-Share index rose by 6.75% to close the month at 52,990.23 basis points from 49,638.94 points recorded as of the previous month.
Also, the market capitalization closed the month at N28.6 trillion, indicating a N1.6 trillion increase in the month compared to N26.78 trillion as of the end of the previous…