Smart Money Is Coming Back

[Chinyere]

Nigeria’s capital importation just hit its highest level in seven years. That means foreign investors are bringing money back into the country.
But the question is: Are they buying Treasury Bills, or are they buying Nigerian stocks?
Because if foreign money starts entering the stock market heavily, we may see:
Bank stocks move first
Cement stocks move next
Telecom stocks follow
Then consumer goods
Smart money moves markets before retail investors notice.

Which stocks do you think foreign investors are buying right now?

 

[Mr.Simon]

Nigeria’s capital importation just hit its highest level in seven years. That means foreign investors are bringing money back into the country.
But the question is: Are they buying Treasury Bills, or are they buying Nigerian stocks?
Because if foreign money starts entering the stock market heavily, we may see:
Bank stocks move first
Cement stocks move next
Telecom stocks follow
Then consumer goods
Smart money moves markets before retail investors notice.

Which stocks do you think foreign investors are buying right now?

Right now, most foreign money is still going into treasury bills and bonds, not stocks.
But when they move into stocks, they usually start with banks, then cement, then telecom.

Simple truth is that foreign investors go for big, safe companies first, that’s where to watch.