Foreign Portfolio Investment Drops By 24.51% In August 2015 – NSE

The NSE released its foreign portfolio investment report for August 2015.

The report showed that Monthly FPI transactions at the nation’s bourse decreased to N81.13 billion (about $0.41 billion) in August 2015 from N107.47 billion (about $0.55 billion) at the end of July 2015; representing a decrease of 24.51%. Domestic investors conceded about 11.38% of trading to foreign investors compared to the 25.82% they conceded in the previous month as Domestic transactions increased from 37.09% to 44.31% while FPI transactions decreased from 62.91% to 55.69% over the same period.

Foreign portfolio investors’ inflows accounted for 22.69% of total transactions while the outflows accounted for 33.00% of the total transactions in August 2015.

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