May 9, 2020/Cowry Asset
Freshly released report by the Nigerian Stock Exchange (NSE) on domestic and foreign portfolio participation in equities trading showed that total equities market transactions increased in Q1 2020 compared to transactions done in the corresponding period of 2019.
The ratio of total domestic transactions to total foreign transactions tilted to 60:40 in Q1 2020, from 47:53 in Q1 2019, given the 89.01% increase in total domestic transactions as compared with the marginal 13.52% rise in total foreign portfolio transactions.
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