April 04, 2018 05:00 AM / Research@proshareng.com
Nigerian Stock Market closed the month of March 2019 down as NSEASI dipped by -2.14% as against +3.81% gain recorded in the month of February 2019 while the NASD USI closed in green with +3.07% gain recorded at the end of the month under review as against -0.95% loss in February 2019.
Furthermore, the NSEASI ended Q1 2019 in the negative territory with -1.24% loss while the NASD USI closed the quarter northwards with +2.31% gain recorded.
On market development, regulation and investors protection, the Securities and Exchange Commission has further extended the deadline on the issuance of dividend warrants and free e-dividend registration exercise via the e-DMMS platform to December 31st 2019. This is to enable that more shareholders get mandated before the total discontinuance of the issuance of dividend warrants by Registrars.
The FMDQ Hosts RIMAN Q1 2019 Quarterly Risk Round Table while PenCom, in Conjunction with FMDQ, CBI and FSD Africa, Hosts Green Bonds Investors Workshop for Pension Industry Operators. Other activities around the FMDQ OTC market is the Marking of the Global Money Week and the capital raising by Flour Mill of Nigeria PLC and UACN Property Development Company PLC from the Commercial Paper Market.
In this edition of The Nigerian Capital Market Service Report, we continue the updates of our data section with latest figures on Economic indicators & Upcoming Events in the market and economy. This is to ensure that we deliver a comprehensive capital market service report that helps cover and track innovations, developments as well as service issues in the market effectively.
In all, the March 2019 SSS Quality Report is a snapshot and aide memoire of developments in our market - tracking milestones that the investing public should be aware of. Do feel free to share your opinions/observations and feedback with us vide email@example.com
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CEO, The Analyst