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Home Finance Domestic, foreign merchants inventory deals shut to 17-One year high

Domestic, foreign merchants inventory deals shut to 17-One year high

…Alternate N4.470trn in ten months

Domestic and foreign investor transactions in Nigeria’s inventory market neared the 2008 level, reaching N4.470 trillion in ten months to October.

Whereas domestic investor transactions reached a legend high of N3.726 trillion in ten months, nearing the 2008 level when it became as soon as N3.971 trillion; foreign merchants’ equities deal became as soon as N744.34 billion, coming near N787 billion recorded in 2008.

Driven by original listings and ongoing banking sector recapitalisation, the whole impress of shares traded on the Nigerian Change

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