Foreigners dump Nigerian stocks worth N209bn in 11 months - Punch Newspapers

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Foreign investors pulled out a total of N209.76bn from the Nigerian stock market from January to November last year, official data obtained on Friday show.

Foreign portfolio investment outflow includes sales transactions or liquidation of portfolio investments through the stock market, while the FPI inflow includes purchase transactions on the NGX , according to the bourse. The total transactions in November decreased by 38.28 per cent when compared to the same month in 2020, according to the NGX.

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