NSE Total Transactions Dipped 0.58% from December 2016 to January 2017

March 8, 2017/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 January 2017.

Table 1: Analysis of Transactions for the Period Ended 31 January 2017

Analysis
Domestic vs. Foreign 2017

Total transactions at the nation’s bourse decreased by 0.58% from N95.88 billion recorded in December 2016 to N95.32 billion (about $0.31 billion)3 in January 2017. In comparison to the same period in 2016, total transactions increased by 13.34% from the N84.10 recorded in January 2016.

Foreign investors conceded about 7.65% of trading to domestic investors. Total foreign transactions decreased by 0.02% from N44.02 billion recorded in December 2016 to N44.01 billion in January 2017. Domestic transactions also decreased by 1.06% from N51.86 billion to N51.31 within the same period.

Monthly foreign inflows outpaced outflows. There was a 16.01% increase in foreign inflows from N19.49 billion in December 2016 to N22.61 billion in January 2017. Foreign inflows decreased by 12.76% from N24.53 billion in December 2016 to N21.40 billion in January 2017.

 

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