Domestic Transactions On Nigeria’s Stock Exchange Hits N742 Billion Between Jan-April 2022

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The total value of domestic transactions on the Nigerian Exchange Limited (NGX) for the first four months of 2022 was N742.09 billion. This is as against N156.09 billion, which was the total foreign transactions carried out during the period under review.
This showed that the total value of domestic transactions outperformed transactions executed by foreign investors by N586 billion or 375.42%.

As of April 30th,2022, total transactions at the nation’s bourse increased by 11.13% from N185.26 billion (about $445.25 million) in March 2022 to N205.88 billion (about $494.26 million) in April 2022.
The performance of the current month when compared to the performance in April 2021 (N159.93 billion) revealed that total transactions increased by 28.73%.
In April 2022, the total value of transactions executed by domestic investors outperformed transactions executed by foreign investors by circa 74%.

Highlights of performing the market over the last decade revealed that over a fifteen (15) year period, domestic transactions decreased by 58.80% from N3.556 trillion in 2007 to N1.465 trillion in 2021.
Foreign transactions also decreased by 29.38%, from N616 billion to N435 billion over the same period.
Total domestic transactions accounted for about 77% of the total transactions carried out in 2021, whilst foreign transactions accounted for about 23% of the total transactions in the same period.

On a monthly basis, Nigerian Exchange Limited (“NGX”) polls trading figures from market operators on their domestic and foreign portfolio investment (FPI)4 flows.
NGX Regulation prepares the Domestic and Foreign Portfolio Investment Report on a monthly basis Limited, with trading figures from market operators on their domestic and foreign portfolio investment (FPI) flows.

-Nairametrics

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