The Nigerian equities market on Wednesday, June 22, retained the upswing from the previous day as an increase in demand for quoted equities shot up market value to its highest point in eight months.
Quoted equities have recorded net capital gains of more than N1 trillion in the past six trading sessions since the release of the framework for the new flexible foreign exchange, forex, policy of the Central Bank of Nigeria, CBN.
Aggregate market value of all quoted equities at the NSE rose from N10.105 trillion to close at N10.347 trillion, representing a gain of N242 billion.
Turnover also improved considerably as investors increased stakes by 16.8 per cent to N7.93 billion for 541.86 million shares in 5,727 deals.
