Wednesday, April 27, 2016 12.15PM/ NSE
On a monthly basis, The Nigerian Stock Exchange polls trading figures from major custodians and market operators on their foreign portfolio investments (FPI). The table below shows an analysis of transactions on The Exchange at the end of February 2016.
Table 1: Analysis of Transactions for the Period Ended 31 March 2016
Domestic vs. Foreign 2016
Total transactions at the nation’s bourse decreased by 17.87% from N117.27 billion recorded in February 2016 to N96.31 (about $0.49 billion) in March 2016. In comparison to the same period in 2015, total transactions decreased by 47.66% from the N184.02 recorded in March 2015.
Domestic investors outperformed foreign investors by 28.48% as total FPI transactions decreased from 36.48% to 35.76% over the same period.
Monthly foreign outflows outpaced inflows which was consistent with the same period in 2015. Foreign outflows decreased by 40.20% from N31.84 billion in February 2016 to N19.04 billion while foreign inflows increased by 40.77% from N10.94 billion in February 2016 to N15.40 billion in March 2016.