Wednesday, January 22, 2020
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Equity market

Foreign participation in Nigeria’s equity market surpasses local participation for 3 consecutive months

The latest portfolio investment report by the Nigerian Stock Exchange has shown that transactions by foreign investors stood at 66.77% in September, up from 52.38% in the preceding month. On the flip side, transactions by domestic investors stood at 33.23%, down from 47.62% in August.

Investors traded N17.249bn shares this week

COMFORT EKELEME

MTN Nigeria Communications Plc yesterday recorded the highest loss at the Nigerian Stock Exchange, declining by N1.50 kobo to close at N128.50 kobo, Guinness Nigeria Plc trailed with a loss of N0.40 kobo to close at N32.50 kobo, Dangote Sugar Refinery Plc down by N0.30 kobo to close at N10.20 kobo, Dangote Flour Mills Nigeria Plc sheds N0.15 kobo to close at N22.30 kobo, Champion Breweries fell by N0.11 kobo to close at N1.04 kobo.

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