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Nigerian stock market declines N84bn due to Tier-one banking stock sell-offs, leading to a 0.15% drop in NGX market capitalisation.
Nigerian stock market further declines, losing N84bn due to continuous sell-offs, primarily in Tier-one banking stocks and other blue-chips.
The NGX market capitalisation fell by 0.15% to N55.424 trillion, and the All-Share Index dropped by 0.15% or 150 points to 97,978.02.
Market breadth remained negative with 28 gainers and 17 losers, as the Year-To-Date (YTD) return decreased to 31.03%.
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El mercado de valores nigeriano cae 84 mil millones de naira debido a las ventas masivas de acciones bancarias de primer nivel, lo que lleva a una caída del 0,15% en la capitalización de mercado de NGX.