Nigerian Equities Market Drops 0.98% on Profit-Taking Activities

The Nigerian equities market experienced a 0.98% decline attributed to profit-taking activities in various sectors, resulting in the All-Share Index dropping to 154,126.46 points. Market capitalization depreciated to N96.78 trillion.

Financial services and industrial sectors dominated trading activities, with Cornerstone Insurance Plc, Wema Bank Plc, and Guaranty Trust Holding Company Plc leading in trading volumes. Notable gainers for the week included Aso Savings and Loans Plc, Julius Berger Nigeria Plc, and Oando Plc.