Nigerian funds switch to stocks, hoping for rebound as foreigners exit
Nigerian funds are switching
back to equities from fixed-income securities, hoping for a
stock market rebound later this year after a coronavirus-induced
rout in oil prices prompted foreign investors to sell-off their
holdings, market players said.
back to equities from fixed-income securities, hoping for a
stock market rebound later this year after a coronavirus-induced
rout in oil prices prompted foreign investors to sell-off their
holdings, market players said.
Posted by Reuters
