Following the two consecutive weeks of gains, the NSE saw some profit taking, halting the bullish streak to close at 38,324.0 points while market capitalization settled at N19.9bn in the past week, representing a 2.9% w/w decline. As a result, YTD loss worsened to 4.8%. Activity level weakened during the week, as average volume and average volume traded declined by 33.3% and 45.0% w/w to close at 209.1m units and N3.2bn, respectively.