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Domestic and Foreign Portfolio Participation in Equity Trading – July 2018

Capital Market	4306 VIEWS
Capital Market
4306 VIEWS

Tuesday August 28, 2017 01:23 PM / NSE

On a monthly basis, The Nigerian Stock Exchange polls trading figures from major custodians and market operators on their Foreign Portfolio Investment (FPI) flows. The table below shows an analysis of transactions on The Exchange as at the end of July 2018.

Table 1: Analysis of Transactions for the Period Ended 31 July 2018

All figures are in N’ Billions

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Analysis

Domestic vs. Foreign 2018

Total transactions at the nation’s bourse reduced by 22.21% from N187.78 billion recorded in June 2018to N146.07billion (about $478.3 million)4 in July 20185 . The cumulative transactions from January to July increased by 54.38% from N1.129 trillion recorded in 2017 to N1.743 trillion in 2018.

Domestic investors outperformed foreign investors by 50.48% in July 2018. Total domestic transactions increasedby28.72% from N85.38 billion in June to N109.9 billion in July 2018. The domestic transactions were largely driven by the 55.48% increase in the retail domestic participation which recorded N29.12billion in June 2018 and N65.42 billion in July 2018.

There was a significant decrease of 64.68% in total foreign transactions from N102.41billion in June 2018 to N36.17billion in July 2018. Foreign outflows reduced by 69.99% from N54.45billion to N16.34billion whilst foreign inflows also reduced by 58.65% from N47.96 billion to N19.83 billion over the same period.

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