Capital Market

SEC Releases Circular on Regulatory Institution Directing Some Persons to Register as Dealing Members

19/12/2016/SEC The attention of the Securities and Exchange Commission (the Commission) has been drawn to a circular issued by a regulatory institution directing some persons to register as dealing members with the FMDQ OTC Securities Exchange, an Exchange registered by the Commission. Section 38 of the ISA, 2007, provides that […]

SEC to colaborate with EFCC on Market infraction

December 19, 2016/SEC The Securities and Exchange Commission (SEC) is working on MoU with the Economic and Financial Crimes Commission (EFCC) to provide an efficient and effective  policing of the capital market. This was disclosed by the Director General of SEC Mounir Gwarzo when the Management of the Commission paid […]

Top Five Gainers and Losers on NSE in 2016

Culled—Proshare December 16, 2016/Proshare Markets Market YTD Performance as at 16th December 2016 stands at -6.76% as market sentiment was in the negative territory in most trading days of the year 2016. DANGFLOUR and UCAP both top the list of top five gainers in the market with +260.18% and +112.21% […]