According to the latest foreign portfolio investment report of the NSE, foreign inflows increased by 91.24 percent from N22.97 billion to N43.93 billion between January and February.
It added that in February 2019, the total value of transactions executed by foreign investors outperformed those executed by domestic investors by 6 percent.
An analysis of the transactions executed between January and February revealed that total foreign transactions increased by 48 percent from N66.85 billion in January to N98.94 billion in February.
It explained that the value of the total transactions executed in the domestic market by institutional investors outperformed retail investors by 8 percent.
The report by Nigeria’s Punch newspaper on Monday stated that as of February 28, total transactions at the nation’s bourse increased by 54.06 percent from N122.08bn recorded in January to N188.08bn (about $613.9m) in February.
It added that the performance in February, when compared to the performance of the same period in the previous year, revealed that total transactions reduced by 11.3 percent.
According to the report, these total transactions were executed by domestic and foreign investors. ($1-N305)