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    MarketForces Africa » MarketForces News » Nigerian Stocks Foreign Investors Bought in Equities Market

    Nigerian Stocks Foreign Investors Bought in Equities Market

    Julius AlagbeBy Julius AlagbeFebruary 10, 2025Updated:February 10, 2025 News No Comments1 Min Read
    Nigerian Stocks Foreign Investors Bought in Equities Market
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    Nigerian Stocks Foreign Investors Bought in Equities Market

    Foreign investors made strategic bets on some Nigerian stocks with strong fundamentals and upside potentials.  Zenith bank, Fidelity bank, Stanbic IBTC and others were among the stock that attracted offshore attention last week.

    Other attractive listed stocks for the foreigners in the local bourse last week were Guinness Nigeria, and Okomu Oil Plc. Due to relatively cheap valuation, offshore investors have been betting on Nigerian stocks, especially, financial stocks with good potential.

    It is no surprise that these stocks posted weekly gain which pushed their respective market valuation higher in the stock market. For foreigners to increase their bets, it is obvious that these stocks have passed acid test of earnings, dividend and good governance.

    Demand for these stocks is a buying signal for local investors seeking to join the band wagon – they ride may be worth it after all.

    Analysts said the significant activity from offshore investors in ZENITHBANK, FIDELITYBK, OKOMUOIL, STANBIC, and GUINNESS, reflect strong foreign interest in the market. #Nigerian Stocks Foreign Investors Bought in Equities Market FBN Holdings Spikes as Investors Price in Impressive Earnings

    Fidelity GUINNESS OKOMU Zenith
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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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