Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Content Partners
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Get Data
    • Macro-Economic News
    • Research Analysis
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Markets

Don’t get stuck buying these stocks

Nairametrics by Nairametrics
October 27, 2019
in Markets, Stock Market
Don’t get stuck buying these stocks
Share on FacebookShare on TwitterShare on Linkedin

All investors want to buy stocks low and sell high. This, after all, is the basis for investing in anything from stocks to bonds to real estate. But to sell any stock you want an investor will hope that there are willing buyers and vice versa. One provision that makes it possible is a free float.  

What’s a free-float: A free-float basically means the number of outstanding shares of a company that is liquid and tradeable on the stock exchange. These are shares that have been dematerialized and exist on the stock exchange for investors to buy or sell.  

According to listing rules, stocks quoted on the Nigerian Stock Exchange must have a free float requirement of about 20% of their issued and fully paid-up shares. This provision is the same for companies listed on the Main and Premium Board.  

RelatedPosts

Sell-offs from MTN causes market to dip by N125 billion

MTN share price hits 52-week high as the market value reaches N5.50 trillion

Free float defaulters: According to data from the Nigerian Stock Exchange about 22 companies fail its free float requirements. This means if you find yourself owning these shares you may find it difficult to sell. Worst still if you are looking to buy these stocks you might not find a seller. Stocks that fail free float requirements are mostly illiquid and are often associated with issues such as late filing of results, limited investor participation, less coverage of their results by stockbrokers, fund managers, and research organisations.  

News continues after this ad


Related

Tags: Free FloatNigerian Stock ExchangeOn the Money

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

inq
avatrade
Stanbic bank
Mega Millions
UBN
Hot forex
Access Bank
Bankers Committee
First bank






    Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

    Recent News

    • Buhari disburses N100 billion loan to indigenous pharmaceutical firms
    • Dangote Cement shareholders lose N409 billion on sell pressure
    • Parthian Partners Limited issues N10 billion Bond

    Follow us on social media:

    Recent News

    Buhari disburses N100 billion loan to indigenous pharmaceutical firms

    Buhari disburses N100 billion loan to indigenous pharmaceutical firms

    August 9, 2022
    Stock News

    Dangote Cement shareholders lose N409 billion on sell pressure

    August 9, 2022
    • ABOUT US
    • CONTACT US
    • PRODUCTS
    • ANDROID APP
    • iOS APP
    • DISCLAIMER
    • CAREERS
    • PRIVACY POLICY

    © 2022 Nairametrics

    No Result
    View All Result
    • Home
    • Exclusives
      • Financial Analysis
      • Corporate Stories
      • Interviews
      • Investigations
      • Metrics
    • Markets
      • Cryptos
      • Commodities
      • Equities
        • Dividends
        • Stock Market
      • Fixed Income
      • Market Views
      • Securities
    • Industries
      • Company News
      • Consumer Goods
      • Content Partners
      • Corporate deals
      • Corporate Press Releases
      • Energy
      • Entertainment
      • Financial Services
      • Hospitality & Travel
      • Manufacturing
      • Real Estate and Construction
      • Tech News
    • Economy
      • Get Data
      • Macro-Economic News
      • Research Analysis
    • Business News
    • Financial Literacy
      • Career tips
      • Personal Finance
    • Lifestyle
      • Billionaire Watch
      • Profiles
    • Opinions
      • Blurb
      • Op-Eds

    © 2022 Nairametrics

    Social Media Auto Publish Powered By : XYZScripts.com