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The Nigerian Exchange Limited recorded a bearish trend on Wednesday as the market capitalization lost N176 billion or 0.32 percent after three days of consecutive gains. This comes as NGX’s market capitalization, which opened at N55.437 trillion, dropped to N55.261 trillion at the close of business. The All-Share Index also lost 0.32 percent or 307 points to close at 96,203.65, against 96,510.13 recorded on Tuesday. As a result, the Year-To-Date (YTD) return decreased by 28.66 percent. The development comes as Selloffs in MTN Nigeria, alongside FBN Holdings, Access Corporation, and Wema Bank, …

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