Stock Market Down 0.06% on Profit-taking in Nestle, 28 Others 

The Nigerian stock market began the second week of October 2026 on a negative note, with the All-Share Index declining by 0.06 percent due to profit-taking in Nestle Nigeria Plc and 28 other stocks. Nestle Nigeria dropped by 5.2 percent, contributing to the index's fall to 250,667.86 basis points. Market capitalisation decreased by N91 billion to close at N162.752 trillion. Sectoral performance was mixed, with the Insurance, Consumer Goods, and Oil & Gas indices declining, while Banking advanced and Industrial Goods remained flat.

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