Stock market reverses rally as investors lose N1.3trn in one week

… Despite N11.1trn July gain By Peter Egwuatu  Nigeria’s stock market reversed course last week as widespread profit-taking erased N1.261 trillion from investors’ portfolios, ending the week in negative territory after a sustained rally. The decline followed renewed selling pressure across major banking, industrial and consumer goods stocks as investors cashed in on the strong gains…