The market capitalisation of listed equities on Tuesday shed N85 billion in six hours of trading to what traders attributed to profit taking as a result of the presidential poll.
Specifically, the market capitalisation, which opened at N12.194 trillion, shed N85 billion or 0.69 per cent to close at N12.109 trillion.
Also, the All-Share Index lost 226.30 points or 0.69 per cent to close at 32,473.82, compared with 32,700.12 recorded on Monday.
Ambrose Omordion, the COO, InvestData Ltd., attributed the market pullback to profit taking embarked by some smart investors
Mr Omordion said the smart money that pushed the market up with expectations that the opposition would win the presidential election were leaving the market
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