Tuesday, September 1st, 2015 9.13AM / 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 July 2015.
Table 1: Analysis of Transactions for the Period Ended 31 July 2015
Domestic vs. Foreign 2015
Monthly FPI transactions at the nation’s bourse which was N69.65 billion at the end of June 2015 increased to N107.47 billion (about $0.55 billion) at the end of July 2015, up 54.30% from June 2015.
Domestic investors conceded about 25.82% of trading to foreign investors as Domestic transactions decreased from 65.76% to 37.09% while FPI transactions increased from 34.24% to 62.91% over the same period.
Foreign portfolio investors’ inflows accounted for 28.47% of total transactions while the outflows accounted for 34.44% of the total transactions in July 2015.
In comparison to the same period in 2014, total FPI transactions increased by 90.48%, whilst the total domestic transactions decreased by 62.23%. FPI outflows outpaced inflows which was not consistent with the same period in 2014.
Overall, there was a 23.80% decrease in total transactions in comparison to the same period in 2014.