NGX: Domestic investors drove 92% of July’s N1.81trn equity deals

The Nigerian Exchange Limited (NGX) says the total transactions in the equity market rose to N1.81 trillion in July.

In its ‘Domestic & Foreign Portfolio Investment Report’ on Tuesday, NGX said the figure represents an increase of 133.09 percent or N1.1 trillion from the N778.65 billion reported in June.

“As at 31 July 2025, total transactions at the nation’s bourse increased significantly by 133.09% from N778.65 billion (about $509.02 million) in June 2025 to N1.8150 trillion (about $1.1835 billion) in July 2025,” NGX said.

“The performance of the current month when compared to the performance in July 2024 (N491.61 billion) revealed that total transactions increased significantly by 269.19%.

“In July 2025, the total value of transactions executed by Domestic Investors outperformed transactions executed by Foreign Investors by circa 84%.”

The report further showed that domestic investors accounted for 91.96 percent or N1.66 trillion in July 2025 transactions compared to N639.3 billion recorded in the previous month.

NGX said foreign transactions recorded N145.95 billion, representing 8.04 percent of the total record.

“Also, total foreign transactions increased by 4.76% from N139.31billion (about $91.07 million) to N145.95 billion (about $95.17 million) between June 2025 and July 2025,” the bourse said.

Further analysis showed that foreign inflow dropped to N50.48 billion in July, from N72.82 billion reported the previous month.

However, foreign outflow rose to N95.47 billion in July from N66.49 billion in June.

On domestic transactions, NGX said institutional investors outperformed retail investors by 38 percent in the period under review, as the former accounted for 69 percent of the total domestic transactions, while the latter accounted for 31 percent.

“A comparison of domestic transactions in the current and prior month (June 2025) revealed that retail transactions increased by 88.07% from N274.63 billion in June 2025 to N516.50 billion in July 2025,” NGX added.

The stock exchange firm also said the institutional composition of the domestic market increased significantly by 216.03 percent, from N364.71 billion in June 2025 to N1.15 trillion in July 2025.