Investors trade N1.116trn stocks in two months

Date:


In two months to February 2025, investors exchanged stocks worth N1.116trillion, surpassing the N1.009trillion recorded in the same period of 2023, according to recently released report on domestic and foreign portfolio investment.

The report at the Nigerian Exchange Limited (NGX) shows that in January, investors traded stocks worth N607.05billion while in February they traded stocks worth N509.47 billion.

Read also: Nigeria stocks shed over N550bn in one week

Foreign investors traded stocks worth N114.16billion in two months to February 2025, representing 10.22 percent, while domestic investors accounted for stocks deal worth N1.002trillion in two months to February 2025, representing 89.78 percent of the total transaction on the Nigerian Exchange Limited (NGX).

In the same period, foreign inflow was N43.71billion, while foreign outflow was N70.45billion. Domestic retail investors traded equities worth N481.86billion in two months to February, while domestic institutional investors accounted for equities trading worth N520.50billion in two months under review.

Iheanyi Nwachukwu

Iheanyi Nwachukwu, is a creative content writer with over 18 years journalism experience writing on banking, finance and capital markets. The multiple awards winning journalist is Assistant Editor, BusinessDay. Iheanyi holds BSc Degree in Economics from Imo State University; Master of Science (MSc) Degree in Management from University of Lagos.
Iheanyi has attended several work-related trainings including (i) Advanced Writing and Reporting Skills (Pan African University, Lagos); (ii) News Agency Journalism (Indian Institute of Mass Communication {IIMC}, New Delhi, India); and (iii) Capital Markets Development and Regulations (International Law Institute {ILI} of Georgetown University, Washington DC, USA).



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_imgspot_img

Popular

More like this
Related

How Love Island USA watch parties are taking over the bar scene – The Mercury News

It’s 8 p.m. on Tuesday evening at Roosterfish...

All-Time Browns Great Lands Huge Recognition

  Few players in Cleveland Browns history command the...

My polider (political+spider) senses are beginning to tingle.

 Promises are being ignored in the name of...