Foreign investors withdraw N173.32bn from stock market - Punch Newspapers

Foreign investors pulled out a total of N173.32bn from the Nigerian stock market from January to October, official data obtained on Monday 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 NGX said the total value of transactions executed by domestic investors in October 2021 outperformed transactions executed by foreign investors by about 60 per cent.

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