News Centre

Nigerian Stock Exchange CEO Receives Professional Excellence Award

Date 01/10/2017

The Chief Executive Officer (CEO) of The Nigerian Stock Exchange (“NSE” or “The Exchange”), Mr Oscar N. Onyema, OON was yesterday given the Professional Excellence Award - Capital Market Category at the Business Hallmark People of the Year Awards Ceremony held at the Civic Center, Lagos on Saturday, September 30, 2017.

The Saudi Stock Exchange Announces The Publication Of The Monthly Stock Market Ownership And Trading Activity Report (By Nationality And Investor Type)

Date 01/10/2017

Main Market

The  total value of shares traded for the month  ending 28 September 2017 amounted to SAR 50.17 billion, decreasing by 16.64% over the previous month; while total stock market capitalization reached SAR 1,721.21 billion at the end of this period, increasing by 0.31% over the previous month.

The Saudi Stock Exchange Announces The Publication Of The Weekly Stock Market Ownership And Trading Activity Report (By Nationality And Investor Type)

Date 01/10/2017

To view the detailed Weekly Stock Market Ownership and Trading Activity Report (by Nationality and Investor Type) for Main Market and Nomu-Parallel Market please Click Here

The Saudi Stock Exchange (Tadawul) Announces The 3rd Quarter 2017 Indices Maintenance

Date 01/10/2017

The Saudi Stock Exchange (Tadawul) announces that AL Maather REIT Fund has been included to TASI and REITs Industrial Group index, and Alujain Corp has been excluded from TASI and Materials Industrial Group index. 

DGCX Records Its Highest-Ever Daily Volume And Sees Growth In Euro Futures Trading Amidst Volatility Spikes

Date 01/10/2017

The Dubai Gold and Commodities Exchange (DGCX), the region’s largest and most diversified derivatives bourse, recorded its highest ever daily volume on September 27, trading 202,571 contracts with a notional value of USD 4 billion. Amidst spikes in market volatility following months of relative calm, monthly volumes also reached their highest ever in September, with 1.87 million lots transacted, and an all-time high Average Daily Volume (ADV) record of 93,604 contracts.

The Saudi Stock Exchange (Tadawul) Announces The Quarterly Update (3rd Quarter 2017) To The Number Of Free Float Shares For All Companies

Date 01/10/2017

The Saudi Stock Exchange (Tadawul) announces that the number of free float shares for all companies have been updated for the 3rd quarter 2017 (28/09/2017). The updated number of free float shares is used in the calculation of Tadawul All Share Index (TASI), Industrial Group Indices and Parallel Market (NOMU)Index, and is effective Sunday 01/10/2017 (11/01/1439 H).

ADGM Recognised As An Attractive And Tax Efficient Aircraft Financing And Leasing Hub For The Region - Based On PwC’s Latest Aviation Comparative Jurisdiction Report, Focusing On The Wide UAE Double Tax Treaty Network

Date 30/09/2017

The strength and role of Abu Dhabi Global Market (ADGM) as a strategic hub for aircraft financing and leasing has been endorsed and corroborated by PwC in the newly published Aviation Comparative Jurisdiction Report (the “Aviation Report”).  ADGM, the International Financial Centre in Abu Dhabi, worked with PwC to analyse the wide and expanding Double Tax Treaty (DTT) network that ADGM companies conducting aircraft finance and leasing activities from ADGM would have access to.   The extensive analysis compares the UAE DTT network and corporate tax positioning to the traditional global hubs for aviation finance, namely Ireland, Singapore, Hong Kong and Cayman Islands.

Financial Stability Oversight Council Announces Rescission Of Nonbank Financial Company Designation

Date 29/09/2017

The Financial Stability Oversight Council (Council) today announced that it has rescinded its determination that material financial distress at American International Group, Inc. (AIG) could pose a threat to U.S. financial stability and that AIG shall be subject to supervision by the Board of Governors and enhanced prudential standards. 

FTSE Russell Reclassifies Poland To Developed Market Status

Date 29/09/2017

• FTSE Russell has announced the upgrade of Poland from Emerging Market to Developed Market status on 29 September 2017.  The decision will be effective in conjunction with the FTSE Global Equity Index Series semi-annual review in September 2018
• Poland’s upgrade to Developed Market status represents an acknowledgement of the progress of the Polish economy and capital markets
• Poland has joined the 25 most developed economies of the world including Germany, France, Japan, Australia and USA
• Poland is the first Central and Eastern European economy to be upgraded to Developed Market status

SEC Exposes Two Initial Coin Offerings Purportedly Backed By Real Estate And Diamonds

Date 29/09/2017

The Securities and Exchange Commission today charged a businessman and two companies with defrauding investors in a pair of so-called initial coin offerings (ICOs) purportedly backed by investments in real estate and diamonds.