Price depreciation in heavyweight stocks triggered the day's huge loss on the Nigerian Stock Exchange (NSE) on Wednesday as Dangote Cement, the largest listed stock
on the NSE posted a whopping share price depreciation of 8.6 per cent.
It also reduces annually the 0.6 percent final tax on stock transaction on the listed stock
until it reaches 0.1 percent and removes the 1.2 and 4 percent on initial public offering tax on stock transactions tax on listed stocks
Newly listed stock
PREMA closed near to its upper cap at Rs33.01, where this has returned around 57% in just one month of its listing.
Overseas investors in the Saudi Arabian stock market will face restrictions including a 20 per cent ceiling on combined foreign ownership of any listed stock
, a major Saudi newspaper reported on Tuesday.
Dubai Financial Market (DFM), the Gulf's only listed stock
exchange, swung to a third-quarter net profit due to higher trading values and bullish investor sentiment on back of continued economic recovery in the emirate.
Reuters reports that Dubai Financial Market (DFM), the Gulf's only listed stock
exchange, reported a third-quarter net profit.
The move was aimed at enhancing the free float and the trading liquidity of the banka[euro](tm)s listed stock
, La Scogliera said.
The maximum weight of each listed stock
in the index is five per cent, while each country's is weighted in at 20pc.
As previously disclosed, the facility has listed stock
as security, without any financial covenants.
BLOM GDR added 0.64 percent to $7.9, while BLOM listed stock
remained unchanged at $7.42.
Riyad Bank rose up 0.36 percent and Samba rose 1.45 percent while SABIC, the heaviest listed stock
, was down 0.31 percent.
He said Ambev will continue to be a separately listed stock