Profit-taking in the stocks of 54 companies shaved N1.582 trillion off the Nigerian equities market capitalisation at the weekend. Market capitalisation closed at N161.26 trillion, down from N162.842 trillion the previous week. The Nigerian Exchange Limited All Share Index declined by 0.97% to close at 248,363.55 points from 250,808.27 points. Analysts noted the session reinforced a cautious tone in the domestic equities market following a strong rally over the year.
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