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’Femi Asu The market capitalisation of equities listed on the nation’s stock market declined by N130bn last week as negative sentiments persisted . ....
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Stock market suffers N393bn loss on profit-taking Johnson Okafor The equities market closed on a negative note on Tuesday, declining by 1.83 per cent as profit-taking hit the market following investors’ moves to increase capital gains. The Nigerian Stock Exchange All-Share Index dropped by 751.25 basis points or 1.83 per cent from 41,147.39bps the previous day to 40,396.14bps while the market capitalisation of equities depreciated by N393bn to close at N21.12tn from N21.52tn. On the activity chart, the premium sub-sector dominated in volume terms with 106.03 million shares exchanged in 2,123 deals. The subsector was enhanced by the activities in the shares of Access Bank Plc and Zenith Bank Plc. ....