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Maroc Maroc - WN.COM - Africa - 03/Sep 19:34

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

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