Profit taking persists on stock exchange, indices down by 0.14 per cent

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The market capitalisation which opened at N11.607 trillion lost N16 billion to close at N11.591 trillion.

Nigerian equities market extended negative sentiments for the second trading session in spite of the earnings seasons.

Presco trailed with a loss of N7 to close at N68, while Nigerian Breweries was down by N5 to close at N70 per share. In the same vein, the All-Share Index shed 43.07 points or 0.14 per cent to close at 31,082.32 compared with 31,125.39 on Monday.Guaranty Trust Bank followed with a gain of N1.45 to close at N36.85, while Ecobank Transnational Incorporated gained 30k to close at N13.80 per share.

 

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