March 26, 2021/Cowry Asset Report
In the just concluded week, latest report by the Nigerian Stock Exchange (NSE) on domestic and foreign portfolio participation in equities trading showed that total equities market transactions mellowed month on month (m-o-m) in February 2021 when compared to transactions done in January 2021.
Specifically, total transactions on the nation’s bourse decreased to N215.58 billion m-o-m in February 2021 (from 232.46 billion printed in January 2021) of which foreign portfolio investors’ transactions rose to N62.07 billion (from N47.52 billion).
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