June 29, 2017/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 at the end of May 2017.

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

Domestic vs. Foreign 2017

Total transactions at the nation’s bourse increased significantly by 274.51% from N54.90 billion recorded in April 2017 to N205.61 billion (about $0.67 billion)4 in May 2017. Domestic investors outperformed foreign investors by 7.40%. Total domestic transactions increased by 240.27% from N32.45 billion recorded in April 2017 to N110.42 billion in May 2017. Foreign transactions also increased by 324.01% from N22.45 billion to N95.19 billion within the same period.  

Monthly foreign inflows outpaced outflows as foreign inflows increased by 403.09% from N14.54 billion in April to N73.15 billion in May 2017. Foreign outflows also increased by 178.63% from N7.91 billion in April to N22.04 billion in May 2017.  

In comparison to the same period in 2016, total FPI transactions from January to May 2017 increased by 74.03% from N189.45 billion to N328.70, whilst the total domestic transactions increased by 38.40% from N279.11 billion to N386.29 billion.