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Equity investors lose N4.9trn, as market uptrend reverses

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Equity investors lose N4.9trn, as market uptrend reverses

08 Jun, 2026

The Nigerian stock market reversed its upward trajectory last week with investors losing over N4.915 trillion of their investment listed on the Nigerian Exchange Limited, NGX. The development was driven by a sustained profit-taking move across major sectors. Consequently, the NGX market capitalisation, which represents the total value of stocks listed on the Exchange, declined to N155.593 trillion on Friday from N160.508 trillion the previous week............................READ MORE