Nigerian Stocks Lose N3.28trn as Two-Day Rally Ends
The Nigerian Exchange closed lower on Thursday, with market capitalisation falling by N3.281 trillion, or 1.98 per cent, to N162.134 trillion. The decline ended two sessions of gains and came as investors took profits in stocks including Dangote Cement and Presco. The All-Share Index also fell 1.98 per cent to 249,710.59 points. The market recorded 36 losers and 20 gainers.
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