Sun, 19 May 2024

 

Investors Stake N765.09bn In Equities In 4 Months
 
By:
Mon, 1 Jun 2015   ||   Nigeria,
 

The Nigerian Stock Exchange (NSE) has disclosed that domestic and foreign investors traded equities valued at N765.09 billion in the stock market in the first four months of 2015.

A breakdown, according to the bourse, included N439.57 billion total transactions by foreign investors while that of domestic investors stood at N325.52 billion in the period under review.

Foreign portfolio investments participating in the NSE shows a total inflow of N204.73 billion and N234.84 billion recorded in total outflow in four months of this year.

The report also showed that transaction by foreign investors on the exchange increased by 57.45 per cent while that of domestic investors was at 42.55 per cent.

The exchange stated, “Domestic participation at the nation’s bourse increased to N102.91 billion in April 2015, up 26.33 per cent from March 2015. Foreign investors conceded about 5.48 per cent of trading to domestic investors as the percentage of foreign transactions decreased from 55.73 per cent to 50.25 per cent while domestic transactions increased from 44.27 per cent to 49.75 per cent over the same period.

 

Tag(s):
 
 
Back to News