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Equities Market Opens Week With N340bn Loss

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The Nigerian stock market, yesterday, ended the first trading session of the week on a negative note, as the market declined by N340 billion following

As a result, the All-Share Index fell by 648.99 absolute points, representing a drop of 1.66 per cent to close at 38,507.29 points, while the overall market capitalisation value lost N340 billion to close at N20.069 trillion.

This week, analysts at United Capital Plc expected the equities market to record some negative performance as investors book some of their profits off the market.

 

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