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Find out more as Nigerian stocks lose N1.166 trillion as profit-taking pressures NGX
['Dave Ibemere']
Legit.ng
Data from the Nigerian Exchange Limited (NGX) showed that market capitalisation shed N1.166 trillion, closing at N159.256 trillion compared with N160.422 trillion the day before.
The insurance index gained 0.24%, the energy index added 0.03%, and the industrial goods index closed the session flat.
Trading volumes told a different storyA total of 3.9 billion shares valued at N32.4 billion changed hands across 45,608 deals, a sharp rise compared with 1.1 billion shares worth N27.0 billion that traded in 59,185 deals during the previous session.
International Energy Insurance Plc dipped 6.32% to N4.00 per share.
Guinea Insurance Plc shed 5.13% to 74 kobo per share.