03/09/2025

Equities Slide as Profit-Taking Erodes Year-to-Date Gains

Arabian Post - A wave of profit?taking sent the Nigerian equities market lower, with the NGX All?Share Index falling by around 0.7 per cent to approximately 138,737 points on Tuesday?equivalent to a loss of nearly 0.67 per cent in market capitalisation, which dropped to about ?87.8 trillion. The sell?off was driven largely by pressure on heavyweight stocks such as Lafarge Africa and Transnational Corporation, while market breadth skewed negative, with far more declines than gains....
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