Equities market falls N1.23 trillion amid ongoing profit‑taking.

On Friday, the equities market continued its downward trend, losing N1.226 trillion as investors posted declines in key shares.

Market capitalization fell 0.76 percent, closing at N160.443 trillion versus N161.669 trillion the previous day.

The All‑Share Index also fell 1,912.19 points, a 0.76 percent decline, ending at 250,330.92 compared with 252,243.11 earlier.

As a result, the year‑to‑date return eased to 60.87 percent.

The slide was led by declines in shares such as Zichis Agro Allied Industries, FTN Cocoa Processors Plc, The Initiates Plc, LivingTrust Mortgage Bank Plc, and International Energy Insurance Plc.

Despite the overall fall, market breadth stayed positive, with 47 gainers and 28 losers.

May & Baker Nigeria Plc and ABC Transport Plc topped the gains, each rising 10 percent to close at N47.30 and N6.27 per share.

SCOA Nigeria Plc increased