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stock exchange


Nigerian Exchange Limited (NGX) and MTN Nigeria Communications Plc (MTNN) have signed a Memorandum of Understanding (MoU) to further promote financial literacy and improve retailers’ participation in the Nigerian capital market. During the signing ceremony led by CEO, NGX, Mr. Temi Popoola, and CEO, MTNN, Mr. Karl Toriola; Popoola noted that the exchange is committed …

FE REPORT | Published: Mar 10, 2022 8:29:06 a.m. | Update: Mar 10, 2022 1:17:41 p.m. The securities regulator on Wednesday urged all banks to make new investments within their current scope to support the struggling stock market. The Bangladesh Securities Commission (BSEC) suggested three specific ways for banks to invest again during a meeting …

Soaring inflation and prolonged business inactivity due to the global lockdown have left businesses with huge inventories and a cash crunch, which has also disrupted funding pipelines. Currently, large, medium and small businesses are looking for funds to get their businesses back on track and continue their growth mandate as markets gradually open up. Thus, …

To print this article, all you need to do is be registered or log in to Mondaq.com. introduction It is now a well-established norm that tax laws are periodically reviewed in Nigeria in line with the National Tax Policy adopted by the Federal Executive Council in 2018.1. Since 2019, the National Assembly has always accompanied …

As many as 10 companies listed on the trading floor of the Nigerian Exchange (NGX) Limited between 2018 and 2022, pushing up the market capitalization by 6.08 trillion naira. To this end, the 10 listed companies have further boosted liquidity in the Nigerian capital market and provide opportunities for wealth creation. In addition, listings have …

By Chinwendu Obienyi the Lagos State Governor Babajide Sanwo-Olu said Lagos State is considering exploring raising capital through Nigerian Exchange Limited (NGX) to fund infrastructure projects through equity , green, sukuk and blue bonds. Sanwo-Olu made this known during a courtesy visit by NGX’s board and management led by Chief Executive Officer Temi Popoola to …

The Romanian Senate adopted today, February 2, the legislative proposal aimed at simplifying the taxation of investors in the capital market. Of the 120 senators present, 118 voted for, one abstention and one vote against. The legislative proposal will go to the Chamber of Deputies, the decision-making body. “We welcome the decision of the Romanian …

The recent amendment to the Finance Act 2021 which requires investors in the Nigerian Stock Exchange to pay a capital gains tax of 10% on the sale of shares applicable to the disposal of shares worth 100 million naira and more, can discourage investment in the capital market and refocus attention on government securities. This …

Primary offering, secondary trading, and corporate event workflow through the ClearList platform NEW YORK, January 11, 2022– (BUSINESS WIRE) – ClearList, an equity marketplace for private companies, has carried out a series of fundraising activities for Gatsby Digital, Inc., a private options trading platform without commission. ClearList LLC previously completed a main offering fundraiser for …

Witnessing the creation of an entirely new industry from scratch is a rare and historic event, which offers tremendous opportunities for investors and entrepreneurs. If 2020 was the year that psychedelic companies were put on the map, 2021 was the year they began to expand their territory and enter the realms of big business and …

The Chronicle Oliver Kazunga, Senior Business JournalistThe Zimbabwe Stock Exchange (ZSE) announced a 2% increase in the withholding tax on capital gains starting this month, in line with the 2022 fiscal policy framework. The government, through the Ministry of Finance and Economic Development, had defined the framework for the new tax regime in the draft …

The country’s capital market had another turbulent year with a 25 percent return in the main stock exchange’s core index despite feuds between the two concerned regulators over some policy issues. In the outgoing year 2021, the Dhaka Stock Exchange (DSE) also posted a decade-high daily turnover value as well as an increase in the …

The country’s Dhaka and Chattogram stock exchanges ended the year with their broad indices gaining a quarter as better-than-expected economic and corporate performance and low interest rates attracted a larger base of investors to equities. . DSEX, the general index of the Dhaka Stock Exchange (DSE), closed the year at 6,756 points on December 30, …

Wednesday, December 29, 2021 7:19 AM Getty Images UK listed companies raised more than £ 12bn in new capital from investors in the second half of the year, bringing the total so far for 2021 between January and November to £ 24.7bn , according to data shared with City AM This represents the second highest …

Indian tech startups took off in 2021 with capital gains on the private and public markets. The year saw leading companies including Zomato and Paytm debut on the stock exchange. Indian tech startups have been successful in raising a record amount of capital from private equity and venture capital firms. Investors, according to AVCJ, a …

SOFIA (Bulgaria), Dec.23 (SeeNews) – All stock indexes on the Sofia Stock Exchange closed higher on Thursday, mainly supported by an increase from IoT product developer Allterco [BUL:A4L] and the Bulgarian stock exchange [BUL:BSE], the operator of the exchange, according to the data. On the SME growth market of the BEAM stock exchange, Dronamics Capital …

Friday, Dec 10, 2021 / 2:23 p.m. / by NGX / Header image credit: NGX All the ducks now appear to be in a row for the launch of Exchange Traded Derivatives (ETDs) in the Nigerian capital market. This follows the official launch of NG Clearing as a Central Counterparty Clearing House (CCP) in Nigeria …

In addition to the consideration shares, the sellers will also be entitled to receive the following additional ordinary shares (the “performance shares”) subject to the achievement of the following performance milestones: (a) 5,000,000 performance shares will be issued to sellers upon the official launch of the website domain “blockchain.com.au” (or at an earlier date mutually …

Common shares are expected to start trading tomorrow on December 9, 2021, under the ticker “VLNS” KELOWNA, BC, December 8, 2021 / PRNewswire / – The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) (the “Company” “The Valens Company” or “Valens”), a leading manufacturer of cannabis products, announces that the application for the Company to list …

By Moremi Marwa Recently, the Dar es Salaam Stock Exchange (DSE) introduced the DSE Business Acceleration Program, and its extension introduced a platform, “Endeleza”, for listing private entities that need patient capital. long term and seek the corresponding type of capital. and investor. The targeted donors are development banks; Investment banks; venture capitalist; private equity …

Stocks rallied on Wednesday as investors rushed to oversold stocks with Saudi financial backing and sinking commodities markets raising hopes that pressures on the economy could ease in the near term, traders said. . Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index closed 296.76 points or 0.66% higher at 45,369.14 points, reaching a high of 45,460.73 …

Bangladesh Securities and Exchange Commission (BSEC) Chairman Prof. Shibli Rubayat-Ul-Islam briefed Prime Minister Sheikh Hasina on issues affecting the development of the country’s capital market. “We have highlighted the problems that hinder spontaneous movements in the capital market,” he told The Business Standard after an exclusive meeting with the prime minister on Wednesday. “The government …

The DAX chart of the German stock index is pictured on the stock exchange in Frankfurt, Germany on November 9, 2020. REUTERS / Staff / File Photo Register now for FREE and unlimited access to reuters.com Register now LONDON, Nov. 25 (Reuters) – The European Union has moved closer to its vision of creating a …

RIYAD: The main stock index of the Saudi stock exchange, TASI, surged this morning amid a tsunami of initial public offerings that could continue until the end of the year. TASI rose 0.57% to 11,267 points as of 11:20 am Riyadh time, partially recouping losses from the last trading session. The Nomu parallel market rose …

05:52 The sixth plenary session of the 19th Communist Party of China (CPC) Central Committee, which ended last week, clarified the direction of China’s economic development for the next stage. In terms of implementing quality development, achieving the goal of common prosperity is the key to progress. China has contributed nearly a third of global …

TORONTO, Nov. 19, 2021 (GLOBE NEWSWIRE) – AGF Investments Inc. (AGF) today announced the estimated annual reinvested distributions for 2021 for AGF ETFs listed on the Toronto Stock Exchange or the NEO Exchange, as reported in the table below. These estimated annual reinvested distributions generally represent realized capital gains within the AGF ETFs and will …

PYX Resources (LON: PYX) has now been admitted to trading on the LSE and closed its first day of trading yesterday at 99.6 p / sh. This is a milestone for the company which is now listed on both the National Stock Exchange of Australia and the LSE Main Market Standard List. PYX Resources #: …

The Philippine Stock Exchange (PSE) reported that its net profit rose 43.7% to 541.53 million pesos in the first three quarters of 2021, from 376.84 million pesos in the same period. last year thanks to higher operating revenues. In a disclosure, the exchange said its listing fees, transaction fees and service fees all posted gains …

Thursday 04 November 2021 07:00 / [email protected] / Header Image Credit: EcoGraphics Nigerian stock Marlet closed October 2021 in the green zone as the market saw sentiment improve from the previous month of September 2021. The NEASI rose by + 4.52% versus + 2.55% gain recorded in September 2021 as the NASD USI closed north …

Samarkand Group plc (SMK) has announced the signing of an announcement to acquire Napiers the Herbalists (“Napiers”). The company was founded in 1860 by renowned herbalist Duncan Napier in Edinburgh. Napiers is an iconic Scottish brand that still operates from its original apothecary in Bristo Place and its Napiers.net website. VSA Morning Technology Commentary, 11/02/21 …

Contrary to many opinions, investment manager Shekh Mohammad Rashedul Hasan believes that the Bangladesh capital market offers a significant opportunity to build long-term wealth in a sustainable manner. “Our capital market is much more promising than it looks,” said Hasan, Managing Director and CEO of promising next-generation asset management firm, UCB Asset Management – a …

Frontier IP Group (“Frontier IP”) provides equity-based marketing services to private technology companies through four high-growth technology clusters including: artificial intelligence, robotics, and big and sparse data; pathogens and cell imaging; food and agrotech; and artificial particles and materials. (): Full year results Creating value for growth technology companies Frontier IP Group (“Frontier IP”) provides …

By Aduragbemi Omiyale Vice President Yemi Osinbajo will lead the discussions at the inaugural Nigerian Capital Market Conference scheduled for Tuesday, November 20, 2021. The theme of the event is The Future-Ready Capital Market: Innovating for Nigeria’s Sustainable Recovery. The Hybrid Roundtable is hosted by the Nigerian Exchange Limited (NGX), with the onsite event set …

What is the tax rate for long-term capital gains on the disposal of listed preferred shares for non-residents? Is it 20% or 10%, with or without indexation? – Anonymous It is assumed that the question concerns the shares of an Indian company. There can be two scenarios – either the shares are purchased in foreign …

Tuesday, Oct 26, 2021 / 1:28 PM / by NGX / Header image credit: Premium Times Nigeria Nigerian Exchange Limited (NGX) is expected to welcome the Vice President of the Federal Republic of Nigeria, His Excellency Professor Yemi Osinbajo, SAN, GCON, at the inaugural Nigerian Capital Market Conference on Tuesday, November 30, 2021. Theme “The …

Islami Bank Bangladesh Limited year-over-year consolidated profit climbed 65.49% in the third quarter of this year on the back of higher capital market returns. In the third quarter, Islami Bank posted its consolidated profit of Tk 94.96 crore, which was Tk 57.38 crore in the same period of 2020. During the period July to September, …

The opening session of the Capital Markets Summit discussed capital gains tax and its impact on the market. The summit touched on the hot topics of Egyptian capital markets, how the Egyptian stock exchange can meet the aspirations of the state by offering large state-owned enterprises such as the Administrative Capital for Urban Development (ACUD). …

PNL MPs Sebastian Burduja, Gabriela Horga, George Tuta and USR Senator Claudiu Muresan have introduced a bill that increases the attractiveness of the capital market, as an alternative to investing money, simplifying bureaucracy and reducing taxation individual investors in the stock market. The bill proposes to reduce the transaction tax from 10% to 1%, for …

• Supports the efforts of CBN on production growth, eNaira, others • Insists that the weakening of the currency could affect government spending James Emejo and Sonia Mayomi in Abuja The Association of Capital Market Academics of Nigeria (ACMAN) yesterday called on the federal government to take full advantage of opportunities in the Nigerian capital …

Quasem Industries Limited recorded 107% profit growth, generating capital gains in fiscal year 2020-21 amid the pandemic. Half of the profits came from government compensation for the acquisition of land in Tangail. In FY21, the country’s largest dry cell battery maker made a profit of Tk 9.16 crore; of which, Tk4.59 crore came from government …

The stock market, insurance and pension funds could actively help finance the roughly $ 928 billion that Bangladesh needs to meet its Sustainable Development Goals (SDGs) by 2030, as bank loans alone will not be enough. not, various experts said yesterday during a webinar. The country needs an additional $ 928.48 billion from 2017 to …

People walk past the electronic board of a securities firm in Tokyo on October 11, 2021. (AP Photo / Koji Sasahara) TOKYO (Kyodo) – Tokyo shares rose on Monday morning as market sentiment improved after Prime Minister Fumio Kishida said at the weekend he would not immediately raise the tax rate on capital gains. The …

DURATION OF INVESTMENT OF THE WEEK Price / Earnings Ratio (P / E): The Price / Earnings (P / E) ratio is one of the most used tools by investors and analysts to determine the relative valuation of a stock. The P / E ratio is used to determine whether a stock is overvalued or …

Tuesday 05 October 2021 14:00 / [email protected] / Header Image Credit: EcoGraphics Nigerian stock Marlet closed September 2021 in the green zone as the market maintained the positive sentiment seen in the previous August 2021. The NSEASI increased by + 2.55% versus + 1.74% gain recorded in August 2021 as the NASD USI closed south …

The MPs, led by businessman and deputy chairman of the parliamentary industry committee Mohamed El-Sallab, said their legislative amendment followed an announcement by Finance Minister Mohamed Mait in early September that the new law on capital gains tax would be implemented in January 2022 as scheduled. “The announcement has hurt business and trade in the …

Tectonic Gold (AQSE: TTAU) announced the completion of the first stage of the current drilling program and the visible success of the project has prompted management to immediately extend the campaign to follow up on this success. In particular, the first hole intercepted two mineralized copper intersections over 20 m deep at 100 m and …

DURATION OF THE WEEK’S INVESTMENT Price-to-earnings (P / E) ratio: The price-to-earnings (P / E) ratio is one of the most used tools by investors and analysts to determine the relative valuation of a stock. The P / E ratio is used to determine whether a stock is overvalued or undervalued. A company’s P / …

Monday, Sep 27, 2021 / 5:45 a.m. / by SEC Nigeria / Header image credit: SEC Nigeria The Securities and Exchange Commission has again asserted that the capital market has the potential to fill the infrastructure gap in the country as well as help economic development. This was stated by the Executive Commissioner of Operations …

DENVER, September 24, 2021 (GLOBE NEWSWIRE) – Assure Holdings Corp. (the “Society” Where “To assure“) (TSXV: IOM; OTCQB: ARHH; OTCQB: ARHHD*), an intraoperative neuromonitoring service provider (“IONM“), announced that its common shares have been approved for listing on the NASDAQ Capital Market (“NASDAQ“). Trading on NASDAQ is scheduled to begin September 29, 2021, under the …

When diamonds and gold were found in South Africa in the late 1800s, the economy was transformed. Subsequently, a large amount of world money was invested. The country developed a well-developed industrial base in the years following World War II and experienced extremely volatile growth rates, including several years when it was among the highest …

The company’s free cash flow measure of US $ 48.9 million in the first half of 2021, from which the dividend is calculated, increased 131% year-on-year, resulting in an increase of 42% from interim dividend from last year at 8p / sh. With such a large cash generation, the company has also chosen to repay …

DURATION OF INVESTMENT OF THE WEEK Preferred stocks: Preferred stocks, more commonly known as preferred stocks, are shares of a company whose dividends are paid to shareholders before the issuance of common stock dividends. If the company goes bankrupt, the preferred shareholders are entitled to be paid out of the assets of the company before …

Bangladesh Securities and Exchange Commission (BSEC) Chairman Professor Shibli Rubayat Ul Islam has expressed strong optimism that the capital market will continue to flow, saying that no quarter invested can now engage in any deed. criminal in the stock market as in the past. “The government is working to ensure a good business environment. As …

Exscientia Limited (“Exscientia”), UK holding company of Frontier IP Group, announced yesterday that it has entered into a US $ 70 million collaboration, over a four-year period, with the Strategic Investment Fund (SIF) of the Bill & Melinda Gates Foundation to develop viral therapeutics against the coronavirus and other viruses with pandemic potential. VSA Morning …

Wednesday, September 08, 2021 / 6:47 PM / Ottoabasi Abasiekong for WebTV / Header image credit: WebTV Investors support and show great interest in long-term financing geared towards specific projects covering areas such as electricity, housing and infrastructure, among others. The statement was made by the President of the Chartered Institute of Securities Brokers, Mr. …

DURATION OF INVESTMENT OF THE WEEK Capital gains: Capital gains are an economic concept defined as the profit made on the sale of a financial asset whose value has increased during the holding period. EQUITY MARKET HIGHLIGHTS: The Ghanaian stock market is advancing; returns 41.82% (YtD)The Ghana stock market at the end of the week …

MUMBAI : Even though state-owned banks increasingly rely on stock markets for capital as public funds dry up, a closer look at fundraising numbers shows that Life Insurance Corp. of India (LIC), the state-owned giant, continues to be their biggest funder. LICs accounted for almost a quarter of ??7,800 crore raised by five state banks …

At the meeting held on July 06, 2021 The Board of Coforge in its meeting of July 6, 2021 approved A) the new issue of capital shares by the company for the purpose of raising capital, including by issuing certificates of deposit or placement with institutions qualified or any other mode subject to a limit …

To mark International MSME Day on June 27, Ficci organized a conference to recognize the contribution of MSMEs to the sustainable development of the economy and on how capital markets can help the sector to achieve its growth aspirations. With a contribution of around 30% to the country’s GDP and employing around 110 million people, …

The Philippine stock exchange’s capital raising activity this year could equal or even surpass the record 228.3 billion pesos in 2012, as companies continue to seek funds to finance their expansion, the senior executive said on Friday. the local stock exchange. PSE President and CEO Ramon Monzon said in an interview that capital raised in …

The Philippine Stock Exchange, Inc. (PSE) reported that companies raised a total of 122.46 billion pesos in capital through the exchange during the first half of the year, 18 percent more than 103.76 billion pesos raised over the whole of 2020. 16451 Capital raising activities for the period included two initial public offerings (IPOs), two …

The Social Security Investment Company, the largest holding company in Iran, plans to increase its capital to an unprecedented level in the history of the Tehran Stock Exchange, said the CEO of the company, known by its Persian acronym, Shasta. .“Shasta intends to increase its capital through the revaluation of its assets,” Mohammad Rezvani-Far said, …

COURTESY OF PHILIPPINE STOCK EXCHANGE, INC. Through Keren Concepcion G. Valmonte THE PHILIPPINE STOCK EXCHANGE (PSE) hopes at least 200 billion pesos in capital will be raised on the stock exchange this year, as it seeks to encourage more small companies to list their shares. “I hope at least 200 billion pesos in capital will …

United States: SEC Reviews and Approves NYSE Rule Changes to Allow Raising of Capital in Direct Listings To print this article, simply register or connect to Mondaq.com. In short The situation: In August 2020, the Division of Trading and Markets (“Division”) of the United States Securities and Exchange Commission (“SEC”) approved proposed rule changes by …