Nigerian Exchange Limited Market Capitalisation Falls After Heavy Profit-Taking
Nigeria’s equities market reversed earlier gains as investors engaged in widespread profit-taking, leading to a ₦590 billion decline in total market capitalisation. The downturn follows a strong rally that added approximately ₦5.11 trillion to the market on Monday, driven largely by pension funds and institutional investors targeting growth stocks and undervalued counters across major sector … Continue reading Nigerian Exchange Limited Market Capitalisation Falls After Heavy Profit-Taking
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