Stock Market Value is Down by N622 billion.

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Due to stock declines in several banking and telecom firms, investors lost N622 billion at the conclusion of trade.

Moreover, the market capitalization fell by 2.08 percent to N29.281 trillion. Volume-wise, 3.279 trades totaling 100.882 million shares worth N 4.342 billion were executed on the Nigerian Exchange Limited.

According to market breadth, investor mood has deteriorated as only five companies were up while 21 were down.

Punch

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