Nigeria share dealing fell in June as foreign buyers cut exposure

Share dealing on Nigeria Stock Exchange (NSE) fell to 203.45 billion naira ($1.04 billion) in June, down 9.8 percent from year ago, the bourse said on Friday, as foreign investors unnerved by a weaker naira currency cut exposure to equities.

The NSE said the value of shares traded by foreign investors in June stood at 69.65 billion naira, down from 118 billion naira during the same period last year, as domestic investors picked up the slack.

Reuters