Monday, November 2nd, 2015 08.31AM / 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 September 2015.
Table 1: Analysis of Transactions for the Period Ended 30 September 2015
Domestic vs. Foreign 2015
Monthly FPI transactions at the nation’s bourse decreased to N69.33 billion (about $0.35 billion) in September 2015 from N81.13 billion (about $0.41 billion) at the end of August 2015; representing a decrease of 14.54%.
Domestic investors conceded about 6.72% of trading to foreign investors compared to the 11.38% they conceded in the previous month as Domestic transactions increased from 44.31% to 46.64% while FPI transactions decreased from 55.69% to 53.36% over the same period.
Foreign portfolio investors’ inflows accounted for 22.52% of total transactions while the outflows accounted for 30.84% of the total transactions in September 2015.
In comparison to the same period in 2014, total FPI transactions decreased by 69.42%, whilst the total domestic transactions decreased by 79.53%. FPI outflows outpaced inflows which was not consistent with the same period in 2014.
Overall, there was a 75.15% decrease in total transactions in comparison to the same period in 2014.