Stock Market Activities And Foreign Portfolio Investment In Nigeria:- Prince Favour O

ABSTRACT

Foreign portfolio investment (FPI) is an aspect ofinternational capital flows comprising oftransfer of financial assets: such as cash, stock or bonds across international borders in want of profit. It occurs when investors purchase non-controlling interests in foreign companies or buy foreign corporate or government bonds, short-term securities or notes. Accordingly, just as trade flows result from individuals and countries seeking to maximize their wellbeing by exploiting their own comparative advantage, so too, are capital flows as individuals and countries seeking to make themselves better off, moving accumulated assets to wherever they are likely to be most productive (Schneider, 2003)