News Centre

Nigerian Exchange Weekly Market Report For Week Ending January 13th, 2023

Date 13/01/2023

A total turnover of 1.286 billion shares worth N29.634 billion in 19,816 deals was traded this week by investors on the floor of the Exchange, in contrast to a total of 921.856 million shares valued at N27.154 billion that exchanged hands last week in 15,601 deals.

SEC Awards More Than $5 Million To Whistleblower

Date 13/01/2023

The Securities and Exchange Commission today announced an award of more than $5 million to a whistleblower whose information led to a successful SEC enforcement action. 

EBA: The Liquidity Coverage Ratio Of EU Banks Declined In The First Half Of 2022 But Is Still Well Above The Minimum Requirement

Date 13/01/2023

The European Banking Authority (EBA) today published its Report on liquidity measures, which monitors and evaluates the liquidity coverage requirements currently in place in the EU. The liquidity coverage ratio (LCR) declined to 166% in June 2022. The fall was due to an increase in outflows driven by higher interest rates and volatility which led to a decline in asset prices during the first half of the year. The evolution of banks’ LCR levels is particularly relevant given the uncertain economic outlook with high levels of inflation and the process of normalisation of the monetary policy. EU banks hold materially lower liquidity buffers in foreign currencies, particularly the USD, which requires enhanced monitoring by banks and supervisors to avoid excessive vulnerability to disruptions in the foreign exchange markets.

ETFGI Reports The ETFs Industry In The United States Gathered US$607 Billion In Net Inflows In 2022

Date 13/01/2023

ETFGI, a leading independent research and consultancy firm covering trends in the global ETFs/ETPs ecosystem, reported today that the ETFs industry in the United States gathered net inflows of US$45.46 billion during December, bringing year-to-date net inflows to US$607.23 billion. During the month, assets invested in the ETFs industry in the US decreased by 3.0%, from US$6.71 trillion at the end of November to US$6.51 trillion in December 2022, according to ETFGI's December 2022 US ETFs and ETPs industry landscape insights report, the monthly report which is part of an annual paid-for research subscription service. (All dollar values in USD unless otherwise noted.)

Malawi Stock Exchange Weekly Summary - 13 January 2023

Date 13/01/2023

Click here to download Malawi Stock Exchange's weekly summary.

Japanese Equities: Investment Environment For Japan Remains Favourable During A Global Slowdown - Yuichi Murao, CIO At Nomura Asset Management

Date 13/01/2023

• For the Japanese stock market to attract attention from foreign investors, it is necessary to see the currency market stabilise as well as an improvement in corporate earnings
• There is no change in the fact that Japanese stocks are currently undervalued compared to other major markets
• Corporate earnings growth in Japan is therefore expected to be superior compared to other countries
• For private companies to make effective investments in public-private partnerships, it is essential to enhance the predictability of the business operating environment as a national strategy and to redesign regulations to encourage investment
• On ESG, human resource strategies linked to corporate growth strategies and human capital disclosure are also important topics

Moscow Exchange: Updated Constituents List For OFZ Zero Coupon Yield Curve To Come Into Force On 16 January 2023

Date 13/01/2023

On 16 January 2023, the following updated constituents list for OFZ Zero Coupon Yield Curve will come into force.

Decision By The Nasdaq Stockholm Disciplinary Committee Regarding Photocat A/S

Date 13/01/2023

he Disciplinary Committee of Nasdaq Stockholm has found that Photocat A/S (the “Company”) has breached the Nasdaq First North Growth Market Rulebook (the “Rulebook”) and therefore ordered the Company to pay a fine of six annual fees, corresponding to an amount of SEK 630,000.

Implementing The Requirement Of "Tackling Chaos" And Focusing On The Goal Of "Improving Quality" - Shanghai Stock Exchange Informs The Disciplinary Work Of Listed Companies In 2022

Date 13/01/2023

In 2022, the disciplinary work of companies listed on Shanghai Stock Exchange (SSE) was closely focused on the theme of promoting the improvement of quality of listed companies, implementing the requirement of "tackling chaos", focusing on the goal of "improving the quality", continuously strengthening the supervision, attaching importance to the humanistic supervision, centering on key areas of supervision and safeguarding the order of "open, fair and just" in the capital market. In response to the information disclosure violations by listed companies and related subjects, the SSE issued 186 disciplinary decisions in 2022, with an increase of 21% year on year, 189 written warning decisions, with an increase of 17% year on year, and 322 verbal warnings. It involves 224 listed companies, 103 controlling shareholders and actual controllers, 898 directors, supervisors and senior management members and 81 general shareholders.

Shanghai Stock Exchange Releases A Notice To Further Enhance Delisting Risk Disclosure

Date 13/01/2023

On the evening of January 13, 2023, under the guidance of China Securities Regulatory Commission (CSRC), the Shanghai Stock Exchange (SSE) released a Notice on Enhancing Information Disclosure of 2022 Annual Reports of Companies at Risk of Delisting (hereinafter referred to as the Notice) and revised format guidelines of relevant announcements. It required listed companies that have been subject to financial delisting risk alerts (hereinafter referred to as companies at risk of delisting) to increase the risk alert frequency and make the information disclosed more targeted before their annual reports disclosure, including releasing focal alerts for different situations and disclosing annual report preparation and audit progress as required. The Notice aims to promote listed companies and their accounting firms to perform their duties, prudently assess and fully reveal delisting risks and identify market expectations as early as possible. It also aims to demonstrate the SSE's determination to further strictly implement the delisting system to protect investors' interests. The main contents of the Notice are as follows.