Profit taking drags market performance down
Profit taking activities by some investors have been attributed to the decline in market capitalisation, as witnessed yesterday at the Nigerian Stock Exchange (NSE). The NSE market capitalisation of the 194 First-Tier equities closed lower on Thursday at N8.009 trillion after opening the day at N8.077 trillion, reflecting 0.84 per cent decline or N68 billion losses. The market had gained…

