The Nigerian stock market extended its downward trend as investors’ profit–taking in Aradel Holdings Plc and 33 others pulled the market capitalization lower by N959 billion. As the stock price of Aradel Holdings fell by 10 per cent, the Nigerian Exchange Limited All-Share Index (NGXX ASI) lost 1,493.71 basis points, or 0.64 per cent to close at 233,580.83 basis points from 235,074.54 basis points it opened for trading. Also, market capitalisation declined by N959 billion to close at N149.89 trillion as against N150.85 trillion it closed the previous day...............................READ MORE