Official: Nigerian Stock Exchange Records N100billion Net Foreign Portfolio Outflow In Q1 2014

The Nigerian Stock Exchange has released its latest Foreign Portfolio Investments data for the period ending March 2013. The data shows a total Foreign portfolio inflow for March of N555.13billion and outflow of N75.4billion. On a Year to date basis (YTD) a total of N127.41billion has been received as foreign portfolio investment whilst N229.09billion was total foreign portfolio outflow. This presents a net portfolio outflow of N101.68billion. Off course these amounts are translated in Naira but would have been transacted in their respective currencies.

A total of N191billion in domestic transaction was recorded in the Nigerian stock Exchange. As such about 65% of the market transactions was foreign and 35% local. Download Data ==> NSE Domestic and FPI Report March 2014