BARELY 18 months into the market, the secondary Federal Government of Nigeria (FGN) bond has recorded a turnover of N4 trillion in 30,000 deals, according to the Debt Management Office (DMO).
MINERALS investment company Pallinghurst Guernsey was finalising documentation for its secondary listing on the JSE, likely to take place within a month, Pallinghurst director Arne Frandsen said yesterday.
Three-Factor Model is an extension of Capital Asset Pricing Model (CAPM) used to determine the return and risk associated with a portfolio management. It was developed by Eugene Fama and Kenneth French in 1993. Complicated than CAPM, the Three-factor model
WITH the Zimbabwe stock market continually reaching all time highs (in nominal terms) investors often worry about investing their cash into the stock market or to buy foreign currency.
DESPITE the rush in stock prices over the past three years, the Zimbabwe Stock Exchange has seen less and less initial public offerings coming into the market.
New securities in the Nigerian Capital Market reached N1.94 trillion in 2007, the Director General of the Securities and Exchange Commission (SEC), Musa Al-Faki said yesterday in Abuja.
Equity trading on the Nigerian Stock Exchange (NSE) was driven yesterday by activity in the Banking sub-sector, accounting for 58.45 per cent of the market turnover.
EQUITIES extended gains yesterday as inflation worries continued to keep sentiment positive on the Zimbabwe Stock Exchange although some counters showed early signs of profit taking.
The Securities and Exchange Commission (SEC) yesterday disclosed that the total value of new issues of securities traded in the Nigerian Capital Market inched to N1.94 trillion in 2007 from N707.39 billion level it achieved in 2006.
The JSE suspended King Consolidated Holdings yesterday for not complying with its listing requirements, despite the company submitting its results within the deadline late on Monday .
Activity on the floor of the Nigerian Stock Exchange (NSE) opened on a good note Monday as the market capitalization grew by N203.7 billion to close N10.920 trillion. Transaction on the exchange had closed on Friday at N10.716 trillion.
Minister of Finance Shamsuddeen Usman yesterday told the House of Representatives Committee on Capital Market that the Securities and Exchange Commission (SEC) and Nigeria Stock Exchange (NSE) did not manage the drop in the share prices of stocks witnessed recently