The Proshare and Market Indexes @21Aug26: Profit-Taking Spreads as 17 Indices Close Lower
The Nigerian equities market extended its correction in the week ended August 21, 2026, as profit-taking broadened across major sectors and highly appreciated counters. The NGX All-Share Index declined by 1.35% week-on-week, while the Proshare Market Cap-Weighted Index and Total Return Float-Adjusted Index fell by 0.72% and 2.05%, respectively.
The Nigerian equities market extended its correction in the week ended August 21, 2026, as profit-taking broadened across major sectors and highly appreciated counters. The NGX All-Share Index declined by 1.35% week-on-week, while the Proshare Market Cap-Weighted Index and Total Return Float-Adjusted Index fell by 0.72% and 2.05%, respectively.
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