The estimate, based on the N1.20 trillion total equity turnover
of 2018, is in addition to the Withholding Tax (WHT) of 10 percent applicable to dividend payments in Nigeria.
during the period under review stood at Sh32.89 billion compared to Sh45.25 billion same period last year, signaling a 27.31 per cent drop.
The Financial Services industry (measured by volume) led the activity chart with 769.350 million shares valued at N7.238 billion traded in 8,530 deals; thus contributing 77.83 per cent and 52.30 per cent to the total equity turnover
volume and value respectively.
figure By PATRICK ALUSHULA Nairobi Securities Exchange (NSE) Plc #ticker:NSE has registered 11.8 per cent decline in net profit to Sh190.7 million for the full year ended December 2018, weighed down by increased expenses.The decline was despite total income increasing by four per cent to Sh782 million, mainly driven by a two per cent rise in equity turnover
to S51 billion and 29 per cent rise in bond turnover to Sh1.13 trillion.
Of these, 876 were Mainland enterprises, constituting 60% by market capitalization and 71% by annual equity turnover
reached to SR7.6 billion, a decrease of 20.7 percent from the 50-day average level.
Italian equity turnover
has dropped from EUR 101bn to just EUR 50bn.
NSE's 2011 equity turnover
dropped by 13% from 2010's $2.09bn to $1.8bn.
With respect to the expert evaluation and correlation analysis, the following financial ratios were chosen for analysis: 1) gross profit margin, 2) return on assets ratio, 3) leverage ratio, 4) current ratio, 5) receivables turnover ratio, 6) equity turnover
PAVE hopes to challenge the BME, which accounted for some 84% of total equity turnover
in the country as of 31 December 2010.
The CSE's equity turnover
, which was at Rs.142.4 billion had rose to Rs.570.3 billion increasing market's daily average turnover to Rs.2.39 billion compared Rs.593.5 million in 2009 resulting in increasing transactions to 3.35 million from 1.26 million in 2009.