Total equity transactions at the nation’s bourse
increased to N522.74 billion (about $3.37 billion)
in September representing an increase of 187.27% from the beginning of the year.
Foreign
Portfolio Investments (FPI) increased by 152.7
9% from N89.67 billion in January to N 226.68
billion in September 2014 while Domestic
participation increased by 220.76% from N92.30
billion in January to N296.06 billion in September
2014.
On a year till date basis, total foreign transactions
on the NSE came to N 1.098trillion Naira,
compared to the N942.9bn in domestic
transactions. The total foreign transactions came
to 53.81%, with domestic players contributing
46.19% of transactions.
However, in comparing the transactions of
January 2014 with that of September 2014,
foreign Investors ceded about 13.28% of trading
to Domestic Investors as Foreign Portfolio
transactions decreased from 49.28 to 43.36%
over the same period. Foreign portfolio investors’
inflows accounted for 25.66% of total
transactions while the outflows accounted for
17.70% of the total transactions.
In comparison to the same period in 2013, there
was an increase in total FPI by 319.62%, whilst
the total domestic transactions also increased by
446.54%. Overall, there was a 383.17% increase
in total transactions in comparison to the same
period in 2013.
The FPI outflow includes sales transactions or
liquidation of portfolio investments through the
stock market, whilst the FPI inflow includes
purchase transactions on the Nigerian Stock
Exchange (Equities only).
Information on the retail
and institutional components of the total
domestic transactions in September is based on
data obtained from about 93% of Active Dealing
Members of The Exchange.
Total FPI transactions of N 616bn which
accounted for 14.8% of total transactions in 2007
and has consistently increased over the years to
N1,042bn representing 50.8% of the total in 2013
(An increase of 36% over the 6 year period).
Domestic transactions on the other hand started
at N 3,556bn representing 85.2% in 2007, but
decreased significantly to N1,009bn representing
49.2% of total transactions in 2013 (A sharp
decline of 36% in the same 6 year period).
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