The dwindling attraction and returns in the country’s stock market caused foreign portfolio investors to pull out N410.49bn from the equities segment of the Nigerian Stock Exchange between January and August this year.

Data obtained from the NSE showed that just as was the case last year, foreign investment outflow exceeded inflow in the first eight months of 2015.

Foreign investors had pulled N846.53bn from the stock market last year although they invested N692.39bn, a development that caused the NSE All-Share Index to close with a negative return of -16.14 per cent.

This is because the market is dominated by the foreign investors. They accounted for 57.52 per cent of total transactions in 2014.

In the first eight months of this year, foreign investment inflow was N367.10bn, which was N43.39bn less than outflow.

Despite the reported exit of many foreign investors from the stock market and expectations that domestic investors would take advantage of low stock prices, foreign investors still dominated the market, accounting for 54.36 per cent of the N1.430tn transactions in equities as of August.

Further review of the participation statistics showed that foreign portfolio investment outflow exceeded inflow in six of the eight months under consideration.

Inflow exceeded outflow in April, as investor confidence rose after the peaceful conduct of the presidential election, and in June following the change in government. Year-to-date, the NSE All-Share Index has a negative return of -12.40.

The N1.430tn transactions recorded in the equities segment of the NSE in the first eight months of this year was, however, 5.8 per cent or N88bn less than the N1.518tn transactions recorded in the same period of 2014.

The Head, Investment and Research, Sterling Capital, Mr. Sewa Wusu, said, “A combination of factors has actually been affecting the Nigerian economy and by extension we have seen reactions in the financial markets generally. They are headwinds that investors would naturally react to because of the fear of eroding the value of their investment.”

He, however, said that did not mean that the Nigerian economy did not have potential as it were, stressing that what was affecting the economy was a global problem as oil prices were down and commodity prices were tumbling.

According to him, now that the political risk has fizzled out, it is time for the government to face the economy squarely.

This, he said, was because “most investors are just exiting to preserve their capital and wait for the tide to clear because they cannot just make investment decisions when there is no clarity in the macroeconomic space.”

On why domestic investors have not taken full advantage of the low stock prices, the Managing Director, Cowry Asset Management Limited, Mr. Johnson Chukwu, explained that the domestic investors in the market were majorly Pension Fund Administrators, with private investors lacking access to credit.

“And if you look at the portfolio of the PFAs, you will see that they are getting underweight in equities; they are shifting much more of their funds to Federal Government Treasury Bills and bonds, which simply mean that they have more faith in the fact that interest rates would go up further,” he said.

Stressing that no dividend yield was as high as bond yields, Chukwu added, “We are in an economy where because of unclear economic policies, you cannot say that equity prices will rally.”

http://www.punchng.com/business/business-economy/foreign-investors-withdraw-n410bn-from-stock-market/


economy going going

Baba do something to help our economy.

Too bad

this are the reason i am against body language
1. The term body language, is stationary meaning workdone is at zero point but body odour is not stationary because it moves causing discomfort which is making every investors to pull out ..

2. Body language is neither a fundamental analysis or technical analysis which indicates the position in which investors are to follow for maximum profits...... When there is no indicator from the govt , investors pullout as the future on the long and short run is unceertain.

3. The reality on ground now is that this so called body language has chased major investors and also potential investors.

4. when a man tells u he knows nothing abt subsidy (petrol) know he is an economics illiterate and after the much talk abt subsidy d past yrs and he still knows nothing abt it, that tells u he is a total dull..ard without remedy

reality on ground shows we already have d greatest loss of investors this past 3 months

Which way Naija?

We were not at ease before now...instead of things getting better, they keep falling apart

That will surely have a massive effect on the economy. I hope there will be some government investment asap in the stock market.

That's what you get when you have an illiterate as a PRESIDENT
A dunderhead

madridguy:
Baba do something to help our economy.

F9 ECONOMICS AND MATHS

my friends have lost.millions since the dullard came in. 1984 repeating itself
gunuvi Truckpusher bomsilaga exxel erunz dunsman Nigerianvenom Ishiamu Phockphockman, nwadiuko1, ibokUtoroh, Koded, Ecoterrors, iPrinz20 Aprokoman, OcheJoseph, Dearpreye, Firefire, Francizy, Temitemi1, Hinwazaka Ecoterrors, Dumkem21 Biafranqueen, Mogidi, Mizmycoli, IsraeliAirforce, Candyrain, Ambivert, Rose2014, Ishiamu Provacateur, Opiaoku, NDPVF, Anonimi, Engineerboat, Talktimi, ahaika23, coolestrogue APCSucks Emperortj93 DebateNigeria and all patriots

rozayx5:

http://www.punchng.com/business/business-economy/foreign-investors-withdraw-n410bn-from-stock-market/


economy going going

I really don't want to say 'gone' for now but if care is not taken, we will be forced to say and believe so soon.

SalC:
Which way Naija?

Definitely Up but its a steep climb that must be negotiated with a lot of patience & careful planning.

The investors are in biz to make profit, Nigerian govt is also keen to ensure the citizenry are not further impoverished , its a real impasse...

The investors will return when things become rosy again... God will help our dear PMB to make the nation that which we can all be proud of... Amen.

"PMB is killing this country".

madridguy:
Baba do something to help our economy.

do waitin? person when be olodo for economic as a subject, waitin e wan know for Nigeria economy? don't forget, he no need ministers, because ministers are noise makers.


#dullestpresident #everliveth.

lalasticlala

Ben Carson said it all. Never use a Muslim as President. I see Nigeria looking like Afghanistan and Pakistan. but it will be in the North and South West where they have their people.

sdindan:
That's what you get when you have an illiterate as a PRESIDENT
A dunderhead

You kids keep spoiling this section. I am sure your lazy brain could not even comprehend what u read. Is thr the best PDP can do. Put juveniles on the e-plat form to rant and comment with any iota of idea.
This issue started from last year mad who was the president then. The question u should be asking is what happenened the our wealth when a barrel of oil.was as high as 180usd under the watch of Jonathan, Deziani and Okonjo who kept telling us our economy was growing? I cant keep wasting time on juveniles.....

I I say I understand wetin dem dey talk, I dey lie
Someone please explain in simple terms

madridguy:
Baba do something to help our economy.

pamurege !

Garba sheu, is Buhari body language is not effective again? Thank God for Tambuwal for body language comment.

koboko69:


You kids keep spoiling this section. I am sure your lazy brain could not even comprehend what u read. Is thr the best PDP can do. Put juveniles on the e-plat form to rant and comment with any iota of idea.
This issue started from last year mad who was the president then. The question u should be asking is what happenened the our wealth when a barrel of oil.was as high as 180usd under the watch of Jonathan, Deziani and Okonjo who kept telling us our economy was growing? I cant keep wasting time on juveniles.....

yolobas should go and ask thiefnubuu for their destiny. don't come here to cry for your miserable life. no be we do you. ask thiefnubuu how he's family is making billions every year in lagos.

They Should All Withdraw...

Nigeria is On The Move... How many foreign Investors do we have in Russia, China, Singapore

koboko69:


You kids keep spoiling this section. I am sure your lazy brain could not even comprehend what u read. Is thr the best PDP can do. Put juveniles on the e-plat form to rant and comment with any iota of idea.
This issue started from last year mad who was the president then. The question u should be asking is what happenened the our wealth when a barrel of oil.was as high as 180usd under the watch of Jonathan, Deziani and Okonjo who kept telling us our economy was growing? I cant keep wasting time on juveniles.....

SHATAP you Nincompoop.
When Jonathan was ruling did you blamed everything that happened on Ya'adua or Obasanjo?
You now want me to leave presidiot that hav been in power for 4 months without any economic directions. You're like ur blockhead presidiot. Monkey

sdindan:


SHATAP you Nincompoop.
When Jonathan was ruling did you blamed everything that happened on Ya'adua or Obasanjo?
You now want me to leave presidiot that hav been in power for 4 months without any economic directions. You're like ur blockhead presidiot. Monkey

Dunce! We know how much Obj left in the reserves and we know how much Yaradua left.....and we also know who Jonathan depleted it and destroyed the nation! Deal with that...

googlepikin:
yolobas should go and ask thiefnubuu for their destiny. don't come here to cry for your miserable life. no be we do you. ask thiefnubuu how he's family is making billions every year in lagos.

Another dumb juvenile......anyone that speaks against jonathan is from a particular trible. Sick dumb mentality....

To this administration, change only implies fighting corruption perceived enemies.

The country is bleeding while zombies are salivating over the fight against Saraki, but are always far away from threads showing the epileptic state of the economy. Even their useless doom speller news agencies has stopped reporting boko haram menace which seemed to be their main news back then in the past. It's disheartening to see that such things as bomb blast still occur but we hardly hear of it.

Buhari is truly an economic assassin whose only understanding of a sound economy translates only to the strength of a currency rather than several other factors. It happened in 1983/1984 when Nigeria had a strong Naira but had the most disastrous economy. It is happening again.

What a shame

Buhari body odour no gree them stay again...

Worst part is the nigga isn't even trying to put things right. Ladies and gentlemen we're in trouble

koboko69:


Dunce! We know how much Obj left in the reserves and we know how much Yaradua left.....and we also know who Jonathan depleted it and destroyed the nation! Deal with that...

I pity you
By this time next 4yrs you will still blame him.
You forget to blame your pple that have ruled this zoo for more than 30yrs
Lemme tell you, to think that this your illiterate presidiot can change anything
You are OYO!

koboko69:


You kids keep spoiling this section. I am sure your lazy brain could not even comprehend what u read. Is thr the best PDP can do. Put juveniles on the e-plat form to rant and comment with any iota of idea.
This issue started from last year mad who was the president then. The question u should be asking is what happenened the our wealth when a barrel of oil.was as high as 180usd under the watch of Jonathan, Deziani and Okonjo who kept telling us our economy was growing? I cant keep wasting time on juveniles.....

For you to be talking about oil now in the presence of emerging technologies means you are really dull. Keep talking about what happened ( the past) not what's happening ( the present) and what will happen ( the future) makes you a bigot and the Juveniles have shown to be experts by thinking ahead and not allowing the past to prevent actualisation of the present and future.


This can never happen in Biafra quote me anywhere.

koboko69:


You kids keep spoiling this section. I am sure your lazy brain could not even comprehend what u read. Is thr the best PDP can do. Put juveniles on the e-plat form to rant and comment with any iota of idea.
This issue started from last year mad who was the president then. The question u should be asking is what happenened the our wealth when a barrel of oil.was as high as 180usd under the watch of Jonathan, Deziani and Okonjo who kept telling us our economy was growing? I cant keep wasting time on juveniles.....

Shebi ur apc is in power so why not do the miracles u promised? Gej made nigeria the biggest economy in Africa and investors never left! Never thought of leaving but ur illiterate sai baba is not even upto 6months we r seeing these then imagine what happens in the next 2years? Anyways,we won't let him

lincolnj88:
this are the reason i am against body language
1. The term body language, is stationary meaning workdone is at zero point but body odour is not stationary because it moves causing discomfort which is making every investors to pull out ..

2. Body language is neither a fundamental analysis or technical analysis which indicates the position in which investors are to follow for maximum profits...... When there is no indicator from the govt , investors pullout as the future on the long and short run is unceertain.

3. The reality on ground now is that this so called body language has chased major investors and also potential investors.

4. when a man tells u he knows nothing abt subsidy (petrol) know he is an economics illiterate and after the much talk abt subsidy d past yrs and he still knows nothing abt it, that tells u he is a total dull..ard without remedy

reality on ground shows we already have d greatest loss of investors this past 3 months

liberty300:
Buhari body odour no gree them stay again...
Worst part is the nigga isn't even trying to put things right. Ladies and gentlemen we're in trouble

Hehehehe.. What we're experiencing in Nigeria can only be as a result of "body odour"... Someone please get Buhari a body spray..

modath:

Definitely Up but its a steep climb that must be negotiated with a lot of patience & careful planning.
The investors are in biz to make profit, Nigerian govt is also keen to ensure the citizenry are not further impoverished , its a real impasse...
The investors will return when things become rosy again... God will help our dear PMB to make the nation that which we can all be proud of... Amen.

mo-DAFT, I see you trying your possible best to make sense but finding it very difficult. Keep trying dear, one day you will make me proud (make sense).

peleson:

Shebi ur apc is in power so why not do the miracles u promised? Gej made nigeria the biggest economy in Africa and investors never left! Never thought of leaving but ur illiterate sai baba is not even upto 6months we r seeing these then imagine what happens in the next 2years? Anyways,we won't let him

don't mind the confused broom waivers.

stickncarrot:



For you to be talking about oil now in the presence of emerging technologies means you are really dull. Keep talking about what happened ( the past) not what's happening ( the present) and what will happen ( the future) makes you a bigot and the Juveniles have shown to be experts by thinking ahead and not allowing the past to prevent actualisation of the present and future.


This can never happen in Biafra quote me anywhere.

how can u not talk about the past in economics Series of padt events leads to what happens to the economy today or in the future.

Are u this dumb?? GOSH!!!!