October 31, 2022/NGX On a monthly basis, Nigerian Exchange Limited (“NGX”) polls trading figures from market operators on their Domestic and Foreign Portfolio Investment (FPI)4 flows. As at 30 September 2022, total transactions at the nation’s bourse decreased by 33.94% from N123.97billion (about $289.04million) in August 2022 5 to N81.90billion […]
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Nigerian Bourse Resume Week Negative -0.2% Dragged by Bellwether Stocks
October 31, 2022/Cordros Report EQUITIES The local bourse resumed the week’s trading on a sour note as profit-taking activities in ETI (-9.6%), INTBREW (-9.8%), and GTCO (-1.7%) weighed on market performance. Accordingly, the All-Share Index declined by 0.2% to 43,839.08 points. Consequently, the Month-to-Date loss increased to -10.6%, while […]
Foreign Portfolio Investment on a Steady Decline in 5years
October 31, 2022/CSL Research In periods of heightened risks and uncertainty, flight to safety becomes the only option. On the back of the global inflation triggered by the Russia – Ukraine war and its associated sanctions and supply chain disruption, most of the advanced economies have relied on contractionary monetary […]
