Nigerian Breweries remain Investors delight W/W – Nairametrics

The demand for local stocks by foreign investors between July and August 2020, received a boost, as it increased by 12.69%, from N34.59 billion (about $89.0 million) recorded in July 2020 to N38.98 billion (about $100.81 million) as of August 2020.

Foreign inflow and outflow increased within the period under view, from N13.70 billion and N20.89 billion to N17.66 billion and N21.32 billion respectively, in the months of July and August 2020.

Explore the Nairametrics Research Website for Economic and Financial Data

However, total domestic and foreign portfolio investment decreased by 8.49%, from N103.21 billion recorded to N94.45 billion.

This is according to the NSE polls on trading figures from market operators, on their domestic and foreign portfolio investment (FPI) flows.

READ: Nigeria’s inflation rate hits 13.22% in August 2020, highest in 29 months

Year-on-Year, the performance of August 2020 (N94.45 billion), when compared with the performance in August 2019 (N121.99billion), revealed that total transactions decreased by 22.58%. In August 2020, the total value of transactions executed by Domestic Investors outperformed transactions executed by Foreign Investors, as shown in the diagram below:

Source: NSE Report, 2020.

Both Retail and Institutional investors of the domestic market recorded a decline, however, the magnitude differs. While retail transactions decreased by 18.22%, from N32.54billion to N26.61billion in the period under review. The shares of institutional investors in the domestic market decreased by 20.01%, from N36.08billion in July 2020 to N28.86billion in August 2020.

(READ MORE:DASHBOARD: The most important economic numbers in Nigeria today)

In summary, the thirteen years performance of the domestic transactions decreased by 72.30%, from N3.556 trillion in 2007 to N985bn in 2019 whilst foreign transactions increased by 53.08% from N616bn to N943bn over the same period.

Key highlights

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Nigerian Breweries remain Investors delight W/W – Nairametrics

The demand for local stocks by foreign investors between July and August 2020, received a boost, as it increased by 12.69%, from N34.59 billion (about $89.0 million) recorded in July 2020 to N38.98 billion (about $100.81 million) as of August 2020.

Foreign inflow and outflow increased within the period under view, from N13.70 billion and N20.89 billion to N17.66 billion and N21.32 billion respectively, in the months of July and August 2020.

Explore the Nairametrics Research Website for Economic and Financial Data

However, total domestic and foreign portfolio investment decreased by 8.49%, from N103.21 billion recorded to N94.45 billion.

This is according to the NSE polls on trading figures from market operators, on their domestic and foreign portfolio investment (FPI) flows.

READ: Nigeria’s inflation rate hits 13.22% in August 2020, highest in 29 months

Year-on-Year, the performance of August 2020 (N94.45 billion), when compared with the performance in August 2019 (N121.99billion), revealed that total transactions decreased by 22.58%. In August 2020, the total value of transactions executed by Domestic Investors outperformed transactions executed by Foreign Investors, as shown in the diagram below:

Source: NSE Report, 2020.

Both Retail and Institutional investors of the domestic market recorded a decline, however, the magnitude differs. While retail transactions decreased by 18.22%, from N32.54billion to N26.61billion in the period under review. The shares of institutional investors in the domestic market decreased by 20.01%, from N36.08billion in July 2020 to N28.86billion in August 2020.

(READ MORE:DASHBOARD: The most important economic numbers in Nigeria today)

In summary, the thirteen years performance of the domestic transactions decreased by 72.30%, from N3.556 trillion in 2007 to N985bn in 2019 whilst foreign transactions increased by 53.08% from N616bn to N943bn over the same period.

Key highlights

Read More Here...

Nigerian Breweries remain Investors delight W/W – Nairametrics

The demand for local stocks by foreign investors between July and August 2020, received a boost, as it increased by 12.69%, from N34.59 billion (about $89.0 million) recorded in July 2020 to N38.98 billion (about $100.81 million) as of August 2020.

Foreign inflow and outflow increased within the period under view, from N13.70 billion and N20.89 billion to N17.66 billion and N21.32 billion respectively, in the months of July and August 2020.

Explore the Nairametrics Research Website for Economic and Financial Data

However, total domestic and foreign portfolio investment decreased by 8.49%, from N103.21 billion recorded to N94.45 billion.

This is according to the NSE polls on trading figures from market operators, on their domestic and foreign portfolio investment (FPI) flows.

READ: Nigeria’s inflation rate hits 13.22% in August 2020, highest in 29 months

Year-on-Year, the performance of August 2020 (N94.45 billion), when compared with the performance in August 2019 (N121.99billion), revealed that total transactions decreased by 22.58%. In August 2020, the total value of transactions executed by Domestic Investors outperformed transactions executed by Foreign Investors, as shown in the diagram below:

Source: NSE Report, 2020.

Both Retail and Institutional investors of the domestic market recorded a decline, however, the magnitude differs. While retail transactions decreased by 18.22%, from N32.54billion to N26.61billion in the period under review. The shares of institutional investors in the domestic market decreased by 20.01%, from N36.08billion in July 2020 to N28.86billion in August 2020.

(READ MORE:DASHBOARD: The most important economic numbers in Nigeria today)

In summary, the thirteen years performance of the domestic transactions decreased by 72.30%, from N3.556 trillion in 2007 to N985bn in 2019 whilst foreign transactions increased by 53.08% from N616bn to N943bn over the same period.

Key highlights

Read More Here...

Emil Malak Pens an Op-ed: Could Continuous Rapid Testing Eliminate the Need for Lockdowns?

Emil Malak Pens an Op-ed: Could Continuous Rapid Testing Eliminate the Need for Lockdowns? – NASDAQ News Today – EIN Presswire

Trusted News Since 1995

A service for global professionals · Saturday, September 26, 2020 · 527,122,387 Articles · 3+ Million Readers News Monitoring and Press Release Distribution Tools News Topics Newsletters Press Releases Events & Conferences RSS Feeds Other Services Questions?

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United States stocks closed superior on hard boost of tech division

United States stocks closed superior on hard boost of tech division

Sep 26, 2020 (MENAFN via COMTEX) —

(MENAFN) On Friday September 25 United States stocks scheduled enlargement led by solid increases in the tech sector.

The Dow Jones Industrial Average augmented 358.52 points, or 1.34 percent, to 27173.96, The S&P 500 grew 51.87 points, or 1.60 percent, to 3,298.46, The Nasdaq Composite Index highly developed 241.30 points, or 2.26 percent to 10,913.56.

Ten of the 11 sectors under S&P 500 stopped up elevated with technology, real estate and health sectors up and about 2.4 percent, 1.96 percent and 1.65 percent, correspondingly; in the meantime, the energy sector refused 0.06 percent.

United States-listed Chinese corporations most traded elevated, with seven of the peak 10 stocks by weight in the S&P United States Listed China 50 index finishing the day on an optimistic reminder.

MENAFN2609202000450000ID1100861188

Read More Here...

United States stocks closed superior on hard boost of tech division

United States stocks closed superior on hard boost of tech division

Sep 26, 2020 (MENAFN via COMTEX) —

(MENAFN) On Friday September 25 United States stocks scheduled enlargement led by solid increases in the tech sector.

The Dow Jones Industrial Average augmented 358.52 points, or 1.34 percent, to 27173.96, The S&P 500 grew 51.87 points, or 1.60 percent, to 3,298.46, The Nasdaq Composite Index highly developed 241.30 points, or 2.26 percent to 10,913.56.

Ten of the 11 sectors under S&P 500 stopped up elevated with technology, real estate and health sectors up and about 2.4 percent, 1.96 percent and 1.65 percent, correspondingly; in the meantime, the energy sector refused 0.06 percent.

United States-listed Chinese corporations most traded elevated, with seven of the peak 10 stocks by weight in the S&P United States Listed China 50 index finishing the day on an optimistic reminder.

MENAFN2609202000450000ID1100861188

comtex tracking

Read More Here...

United States stocks closed superior on hard boost of tech division

United States stocks closed superior on hard boost of tech division

Sep 26, 2020 (MENAFN via COMTEX) —

(MENAFN) On Friday September 25 United States stocks scheduled enlargement led by solid increases in the tech sector.

The Dow Jones Industrial Average augmented 358.52 points, or 1.34 percent, to 27173.96, The S&P 500 grew 51.87 points, or 1.60 percent, to 3,298.46, The Nasdaq Composite Index highly developed 241.30 points, or 2.26 percent to 10,913.56.

Ten of the 11 sectors under S&P 500 stopped up elevated with technology, real estate and health sectors up and about 2.4 percent, 1.96 percent and 1.65 percent, correspondingly; in the meantime, the energy sector refused 0.06 percent.

United States-listed Chinese corporations most traded elevated, with seven of the peak 10 stocks by weight in the S&P United States Listed China 50 index finishing the day on an optimistic reminder.

MENAFN2609202000450000ID1100861188

comtex tracking

Read More Here...

United States stocks closed superior on hard boost of tech division

United States stocks closed superior on hard boost of tech division

Sep 26, 2020 (MENAFN via COMTEX) —

(MENAFN) On Friday September 25 United States stocks scheduled enlargement led by solid increases in the tech sector.

The Dow Jones Industrial Average augmented 358.52 points, or 1.34 percent, to 27173.96, The S&P 500 grew 51.87 points, or 1.60 percent, to 3,298.46, The Nasdaq Composite Index highly developed 241.30 points, or 2.26 percent to 10,913.56.

Ten of the 11 sectors under S&P 500 stopped up elevated with technology, real estate and health sectors up and about 2.4 percent, 1.96 percent and 1.65 percent, correspondingly; in the meantime, the energy sector refused 0.06 percent.

United States-listed Chinese corporations most traded elevated, with seven of the peak 10 stocks by weight in the S&P United States Listed China 50 index finishing the day on an optimistic reminder.

MENAFN2609202000450000ID1100861188

Read More Here...

United States stocks closed superior on hard boost of tech division

United States stocks closed superior on hard boost of tech division

Sep 26, 2020 (MENAFN via COMTEX) —

(MENAFN) On Friday September 25 United States stocks scheduled enlargement led by solid increases in the tech sector.

The Dow Jones Industrial Average augmented 358.52 points, or 1.34 percent, to 27173.96, The S&P 500 grew 51.87 points, or 1.60 percent, to 3,298.46, The Nasdaq Composite Index highly developed 241.30 points, or 2.26 percent to 10,913.56.

Ten of the 11 sectors under S&P 500 stopped up elevated with technology, real estate and health sectors up and about 2.4 percent, 1.96 percent and 1.65 percent, correspondingly; in the meantime, the energy sector refused 0.06 percent.

United States-listed Chinese corporations most traded elevated, with seven of the peak 10 stocks by weight in the S&P United States Listed China 50 index finishing the day on an optimistic reminder.

MENAFN2609202000450000ID1100861188

Read More Here...