Foreign participation in Nigeria’s stock market dips to 11%

  • 📰 GuardianNigeria
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 94%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

Uncertainty, sustained foreign exchange shortage, insecurity and other macro economic challenges, continues to dampen foreign

investors patronage in Nigeria’s bourse as participation dropped to 11 per cent.

The positive domestic investor sentiment, according to analysts has been driven mostly driven mostly by earnings and dividend payouts announced by companies in the wake of earnings season. Also in May 2024, the total value of transactions executed by domestic investors outperformed transactions executed by foreign investors by circa 30 per cent.

However, the institutional composition of the domestic market decreased by 5.66 per cent from N124.63 billion in April 2024 to N117.57 billion in May 2024.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 1. in SE

Sverige Senaste nytt, Sverige Rubriker