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The Nigerian Exchange’s equities market capitalisation on Monday fell below N160 trillion as bears strike tougher on mid- and large-cap shares on the NGX.
N1.47 trillion was worn out initially of the week, persevering with its bearish development.
Last week, the equities market prolonged its shedding streak to a 3rd consecutive week, shedding about N534 billion in market worth as sell-offs in main banking shares weighed on investor sentiment, regardless of features in oil and gasoline shares.
