Wednesday,July 03, 2018 05:00 PM / [email protected]
Nigeria’sEquities Market closed the month of June 2019 in the red as marketsentiment turns negative The NSEASI Dipped by -3.55% as against +6.55% gain recorded in the month of May 2019 while the NASD USI closed in red with -0.30% loss recordedat the end of the month under review as against -1.26% loss in May 2019.
Furthermore, the NSEASI ended Q2 2019in the negative territory with -3.46% loss as against -1.24% loss in Q1 2019 while the NASD USIclosed the quarter southwards with -1.51% loss as against +2.31% gain recorded in Q1 2019.
Onmarket development, regulation and investors protection, the Securities and Exchange Commission proposed new rules on the transmission of sharesamong other rules such as the proposed new rule on Central CounterParties and sundry amendments to the rules on Annual report, Quarterly Reportand publication of interim financial statement.
The FMDQ, UNEP and others champion the LagosFinancial Centre for Sustainability (FC4S Network). The FC4S Network is to create a platform forfinancial centres to exchange experiences and take common action on sharedpriorities to accelerate the expansion of green and sustainable finance..Other activity around the FMDQ OTC market is the Series II Bootcamp Trainingfor Corporate Issuers in the Nigeria Debt Capital Markets and the Derivatives Market Training for Market Participants.
In this edition of The Nigerian Capital MarketService Report, we continue the updates of our data section withlatest figures on Economic indicators & Upcoming Events in the market andeconomy. This is to ensure that we deliver a comprehensive capital marketservice report that helps cover and track innovations, developments as well asservice issues in the market effectively.
In all, the June 2019 SSS Quality Report isa snapshot and aide memoire of developments in our market - tracking milestonesthat the investing public should be aware of. Do feel free to share youropinions/observations and feedback with us vide [email protected]
Thank you.
For: Analyst Editorial Board
Reshu BAGGA
CEO, The Analyst
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