Nigeria Economic Chart Park

All-Share Index And Market Capitalization

All-Share Index (ASI) (Points)

Stock market underperform post-2014

Market Capitalization (Billion )

Declining investor confidence

All-Share Index: In 2016Q1, the decline in ASI was driven by declines in Banking, Insurance, Consumer goods, Oil/Gas, Lotus Islamic, Industrial, AseM, Pension and Premium NSE indices. However, the ASI increased in 2016Q2 on the account of the rise in all sectoral indices which rose above the levels in the preceding quarter, with the exception of the NSE Oil and Gas index.

Market Capitalization: Market capitalization for all listed securities (equities and bonds) has generally maintained an upward trajectory except during the period surrounding 2009 financial crisis, and post-2015. The poor performance, post-2015, was largely driven by unfavourable macroeconomic developments, currency risk, recovery in developed economies, and the effects of quantitative easing by the US Federal reserve. Particularly in 2016Q1, the weak performance was driven by unfavourable economy policies, low oil price and the attendant impact on FOREX, and delay in the signing of budget.




Related

 

Gross Domestic Product Growth Rate And Contribution To GDP (Transport Sector)

Gross Domestic Product Growth Rate: Growth in the sector which stalled in the second and third quarters of 2015 witnessed a considerable decline in 2015Q4; the stall in growth in 2015 is attributable

Crude Oil Price

Crude Oil Price: Crude oil price attained a historical low of $30.7 in January 2016 largely due to excess global oil supply. Crude Oil Production and Export: Oil production has continued to fall in

Public Debt-to-GDP Ratio

Public Debt-to-GDP Ratio: The ratio of Nigerias cumulative government debt to national GDP has maintained an upward trend indicating the countrys declining economic productivity and ability to repay

Real GDP Growth Rate

On average, Nigerias GDP growth rate has averaged about 5 percent; attaining an unusual trough of nearly -10 percent in 2003Q4 and a peak of nearly 20 percent in 2004Q4. However, the Nigerian economy