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Equity market opens week negative with N9bn loss

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Transactions on the floor of the Nigerian equity market on Monday extended losses as bears tighten their grip on the local bourse.Consequently, the All-Share Index dipped 425.24 basis points or 0.

07 per cent to close at 24,269.58 index points as against 24.287.66 recorded in the previous trading session .

Meanwhile, a turnover of 305.10 million shares exchanged in 3,258 deals was recorded in the day’s trading. Volume in the sub-sector was largely driven by trading activities on the shares of UBA Plc and Zenith Bank Plc.

 

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