Investors experienced a substantial loss of N478 billion on Tuesday as major stocks saw profit-taking activities. The Nigerian equities market closed lower, with declines observed in large and mid-cap stocks. Market capitalization dipped, and the All-Share Index saw a fall of 0.35 percent.
The market’s year-to-date return moderated to 58.53 percent, with a negative market breadth indicating more decliners than advancers. Trading volume, value, and deals also declined compared to the previous session.
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