Business Nigerian Stock Exchange Down By 1.63% As New FX Regime Begins

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The Nigerian Stock Exchange (NSE) experienced a downturn by 1.6% to close at 28,769.90bpts on the first day of the flexible exchange regime of the Central Bank of Nigeria.

Last Friday, the stock exchange hit all time 2016-high of N10.04 trillion, following the introduction of the new foreign exchange regime, which saw investors voting fresh N760 billion into the capital market in 48 hours.

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On Monday, the Nigeria Stock Exchange down by 1.63% to close at 28,769.90bpts with 17 Gainers and 33 Losers and YTD stands at -0.45%.

Market summary as follows:

ASI 28,769.90
DEALS 4,684.00
VOLUME 416,661,999.00
VALUE 2,252,438,986.51
CAP 9,881,003,636,600.30
 
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