The Nigerian Exchange Limited (NGX) opened the week on a negative note, with the market capitalization dropping by N137.12 billion due to profit-taking by investors in First Holdco Plc and 31 other stocks. The NGX All-Share Index lost 265.99 basis points, closing at 239,085.17 basis points, while the year-to-date return moderated to 53.64%. Investor sentiment was negative, with 32 decliners outpacing 18 advancers.
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