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Investors lose N175bn over profit-taking on equity market

Investors on the Nigerian Stock Exchange (NSE) last week continued on profit-taking, leading to market capitalisation dropping by N175billiobn or 1.51 per cent to N11.393trillion from N11.568 trillion the market opened for trading. Consequently, the NSE All-Share Index (ASI) dropped by 1.52 per cent or 336.65 basis points to 21,861.78 basis points from 22,198.43 basis […]