UPDC REIT sheds 17.3 percent despite 56.5 percent H1 earnings growth

UPDC Real Estate Investment Trust (UPDC REIT) lost 17.26 per cent of its market value in the week ended October 23, 2026, emerging as the worst-performing stock on the Nigerian Exchange (NGX), as renewed selling pressure reversed part of the sharp rally that had lifted the real estate investment vehicle in September. The trust’s units

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