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The Lagos

NGX Weekly Sector Watch: Consumer goods gain 3% YtD but now more expensive

A share trading well below its highest price of the year can look like a bargain. That is the picture across Nigerian consumer goods stocks: the 19 companies reviewed traded, on average, about 22% below their individual 52-week highs. The Index had gained just 2.99% year to date, making it the se...

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