N5.5bn withdrawn from stock market by foreign investors in February, NSE

The Nigerian Stock Exchange has revealed that a total of N5.5 billion was recorded as foreign outflows from the stock market for the month of February.

This was contained in its latest foreign portfolio investment report published on its website on Friday.

It stated that the figure increased by 97.8 per cent from N27.81bn in January 2019 while foreign inflows increased by 91.24 per cent from N22.97bn to N43.93bn between January and February.

Read also: CBN predicts 12 percent inflation, to keep current MPR

Total foreign transactions also increased by 48 per cent from N66.85bn in January to N98.94bn in February.

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