The Nigerian Exchange Limited (NGX) All-Share Index fell by 0.52 per cent week-on-week to close at 250,808.27 basis points, while market capitalisation dropped by N813 billion to N162.843 trillion. The decline was attributed to profit-taking in BUA Foods Plc, MTN Nigeria Communication Plc, BUA Cement Plc, and Airtel Africa Plc. Despite the overall market decline, market breadth remained positive with 44 gainers against 37 losers. ABC Transport led the gainers with a 45.10 per cent increase to close at N7.40 per share, while Sovereign Trust Insurance led the decliners with a 12.50 per cent drop to close at N2.10 per share.
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