Sell-Off in Some Major Market Sectors Drags Local Bourse Down by -0.09%

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Stockbrokers work at the Nigerian Stock Exchange in Lagos on May 16, 2019. - Africa's largest mobile phone operator, MTN, listed shares on the Nigerian Stock Exchange (NSE) in a $6 billion flotation reflecting its increasing presence in the Nigerian market, its largest. (Photo by PIUS UTOMI EKPEI / AFP) (Photo credit should read PIUS UTOMI EKPEI/AFP via Getty Images)
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The Nigerian equity market closed trading activities for today negative, as market performance indicators (NGX-ASI and Market Capitalization) dropped by -0.09%.

The market index (All-Share Index) was down by 39.22 basis points, representing a decrease of -0.09% to close at 44,011.22.

The Market Capitalization also lost ₦21.36 bn, representing a decline of -0.09% to close at ₦23,971.73 trillion from ₦23,993.09 trillion yesterday.

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