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The capital market’s two-week winning streak came to an end as market capitalization dropped by N429 billion as a result of renewed sell pressure in numerous highly capitalized stocks, particularly Airtel Africa and Nigerian Exchange Group (NGXGroup). In conclusion, the All-Share Index (ASI) dropped by 789.04 absolute points, or 1.53%, to settle at 50,868.52 points. […]

The post NGX reverses gains as sell pressure in NGXGroup and Airtel “robs” investors of N429 billion appeared first on The News Chronicle.

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