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Wednesday, July 13, 2011
What is Capitalization?
A company's capitalization refers to the total Naira market value of all of a company's outstanding shares. Capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. The investment community uses this figure to determining a company's size, as opposed to sales or total asset figures.
Capitalization Explained
If a company has 35 million shares outstanding,
NSE-Market Review[4-8 Jul,2011]
Suspension
of 41 companies by the NSE for not submitting annual reports. The NSE-ASI
closed at 24,310.03 -0.015% ,Volume for the week was a
cumulative 1.685 billion shares
Although, former Minister of Finance and World
Bank Managing Director, Dr Okonjo-Iweala was confirmed by the
Senate to be a Minister in the new Jonathan administration, the
market continued its downward drift. It appeared to mirror last weeks
trading pattern with an uptick on Thursday only to reverse the next day,
same as last week.
Tuesday, June 7, 2011
SEC Commences Implementation of Margin Guidelines
The Securities and Exchange Commission (SEC) has kicked off the implementation of margin guidelines for the Nigerian stock market, with a training programme.
The training- a three-day workshop, was part of its effort to build capacity of its staff to address issues relating to margin trading and finance, and develop an in-house application to generate the “margin list”.
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