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

 

Monetary Policy Rate

Monetary Policy Rate: The fluctuations in MPR reflect CBNs intermittent effort to promote growth, stymie inflation or incentivize capital flows. Particularly, the rise in MPR in 2016Q1 was effort to

Balance Of Trade (Export And Import)

Balance of Trade (Export and Import): With export and, to lesser extent, import declining balance of trade fell deeply in 2015 and, to lesser extent, in 2016Q1.

Gross Federally Collected Revenue

Gross Federally Collected Revenue: Both oil and non-oil components of gross federal revenue fell below N40 billion in 2016, after recording a peak of N90 billion in 2013. The decline was most prominen

Capital Importation And Budgetary Allocation (Transport Sector)

Capital Importation: Since the dramatic decline in 2013, private and government sector investments in the sector have remained low in 2016. Budgetary Allocation: Budgetary allocations to the transpo