NSE Foreign Investment Inflows Drop to N16.10bn

Foreign Portfolio Investment in the NSE has suffered a drastic sharp drop as against the
impressive financial record in January this year.

The Foreign Portfolio Investment inflows on the Nigerian Stock Exchange dropped to N16.10bn in February as against N22.61bn
recorded in January 2017.

NSE made this known in its domestic and foreign portfolio participation in equity
trading for February 2017.

The report stated that the total foreign inflows for the period under review declined by 28.79 per cent to N16.10bn
when compared with N22.61bn recorded in January.

NSE also said that total foreign outflows decreased by 13.83 per cent from N21.40bn in January 2017 to N18.44bn in February.
The FPI outflow includes sales transactions or liquidation of portfolio investments
through the stock market.
Also, the FPI inflow includes purchase transactions on the Nigerian Stock Exchange
(equities only).

The report also stated that total transactions
at the nation’s bourse decreased by 22.25 per cent to N74.11bn from N95.32bn recorded in January.

According to it, the cumulative transactions from January to February decreased by
15.86 percent from N201.37bn recorded in 2016 to N169.43bn in 2017.

It said that domestic investors
outperformed foreign investors by 6.78 percent in February 2017.
The report indicated that domestic
transactions decreased by 22.88 per cent to N39.57bn from N51.31bn recorded in
January.

Also, the foreign transactions decreased by 21.52 per cent to N34.54bn from N44.01bn
recorded the previous month.
It stated further that the institutional composition of the domestic market decreased by 21.93 per cent from N31.19bn
recorded in January to N24.35bn in February.

The retail composition decreased by 24.35 per cent from N20.12bn to N15.22bn within the same period.

It said the figure indicated more active participation by institutional investors over
their retail counterparts during the period under review.

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