Analysts: Stock Market Sentiment to Remain Broadly Cautious in June

Kayode Tokede

Capital market analysts have urged investors to trade cautiously in the Nigerian equities market in June 2026, shifting focus to fundamentally strong stocks with attractive valuations.

This is coming at a point when the NGX All Share Index gained 3.35 per cent in May 2026, the lowest gain on a month-on-month performance. The NGX All Share Index in its Year-till-Date (YtD) as of May 2026 appreciated to 60.90 per cent in five months.

Analysts at Cordros Securities Limited in a report stated, “Looking ahead, we expect market sentiment to remain broadly cautious in the near term, in the absence of a clear catalyst to drive momentum.”