Local Investors Records 44.3% Participation in 2012 on Nigerian Bourse

By Peter OBIORA InvestAdvocate

Lagos (INVESTADVOCATE)- The Nigerian Stock Exchange (NSE) Thursday said Local investors contributed 44.3 percent (44.3%) of total Market activities on its Bourse.

Oscar Onyema, Chief executive Officer (CEO) of the Nigeria’s Exchange said this at a World Press Briefing “An Appraisal of Capital Market Performance 2012”

“Local investors started coming back to the Equities Market, accounting for 44.3% of Total Market Activity as at November 2012, up 38.38% from 2011” he said.

Prior to this time, it has been reported that Foreign Investors contributed about 70% of daily trading value of equities at the Nigeria’s Exchange.

InvestAdvocate will run the full Question and Answer Session captured at the event

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