Nigerian Stock Market Extends Decline as Profit-Taking Wipes ₦1tn off Investors’ Wealth in Two Days
The NGX extended its bearish run as investors lost about ₦1.01 trillion in two consecutive sessions, with Thursday’s decline wiping ₦1.005 trillion off market capitalisation. Market sentiment remained weak as decliners outnumbered gainers 44 to 18, reflecting sustained profit-taking across key sectors. Despite the broader sell-off, select financial and insurance stocks posted gains, led by […]
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