PageOne Markets Update: Naira Weakens As Equities Sustains Second Day Of Bullish Reign

From our the financial markets, here is PageOne Markets Update for today.

FX Markets

Trading at the FMDQ OTC Exchange showed that the Naira is still weakens further to the US Dollar. USD, the spot rate for the Naira, NGN against the USD closed at  NGN282.80 to 1USD compared to NGN282.83 to 1USD for 21st of June 2016 at the FMDQ OTC Exchange.

Equities Markets

Continuing with another day of bullish trading sentiments, the equities market appreciated higher than yesterday. All share index, ASI rose from by 2.40% to close at 30,127.82 compared to 29,422.71 it recorded yesterday.

Here are the top losers and gainers for the day.

Top Gainers22.6.16

Top losers22.6.16





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