Profit taking in 17 stocks drags capitalisation by N6 billion

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Profit taking in 17 stocks drags capitalisation by N6 billion ⚠️

dragged market capitalisation by N6 billion.

Vetiva Dealing and Brokerage said: “We expect another mixed sectoral performance to close out the week, with demand in Tier-I banking names elevating activity level amid cherry-picking activities across board.” On the other hand, Niger Insurance led the losers’ chart by 9.09 per cent to close at 20 kobo. Cornerstone Insurance followed with a decline of 6.45 per cent to close at 58 kobo, while Veritas Kapital Assurance lost 4.55 per cent to close at 21 kobo.

 

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