Compare nigeria news york and tokoyo stock exchange
Here's a comparison of the Nigerian Stock Exchange (NSE), New York Stock Exchange (NYSE), and Tokyo Stock Exchange (TSE):
Market Capitalization
- Nigerian Stock Exchange (NSE): approximately $13.4 billion (2022)
- New York Stock Exchange (NYSE): approximately $22.5 trillion (2022)
- Tokyo Stock Exchange (TSE): approximately $5.4 trillion (2022)
Number of Listed Companies
- Nigerian Stock Exchange (NSE): over 170 companies
- New York Stock Exchange (NYSE): over 2,400 companies
- Tokyo Stock Exchange (TSE): over 2,200 companies
Trading Hours
- Nigerian Stock Exchange (NSE): 10:00 AM - 2:00 PM (Monday to Friday)
- New York Stock Exchange (NYSE): 9:30 AM - 4:00 PM (Monday to Friday)
- Tokyo Stock Exchange (TSE): 9:00 AM - 3:00 PM (Monday to Friday)
Index Performance
- Nigerian Stock Exchange (NSE): NSE All-Share Index (NGSE ASI) - has been relatively stable in recent years, with a slight decline in 2020 due to the COVID-19 pandemic
- New York Stock Exchange (NYSE): S&P 500 Index - has historically been a strong performer, with a long-term average annual return of around 10%
- Tokyo Stock Exchange (TSE): Nikkei 225 Index - has been volatile in recent years, with a significant decline in 2020 due to the COVID-19 pandemic
Regulatory Environment
- Nigerian Stock Exchange (NSE): regulated by the Securities and Exchange Commission (SEC) of Nigeria
- New York Stock Exchange (NYSE): regulated by the Securities and Exchange Commission (SEC) of the United States
- Tokyo Stock Exchange (TSE): regulated by the Financial Services Agency (FSA) of Japan
Trading Volume
- Nigerian Stock Exchange (NSE): average daily trading volume of around $10 million
- New York Stock Exchange (NYSE): average daily trading volume of around $150 billion
- Tokyo Stock Exchange (TSE): average daily trading volume of around $20 billion
Market Participants
- Nigerian Stock Exchange (NSE): individual investors, institutional investors, and foreign investors
- New York Stock Exchange (NYSE): individual investors, institutional investors, foreign investors, and hedge funds
- Tokyo Stock Exchange (TSE): individual investors, institutional investors, foreign investors, and Japanese pension funds
Listing Requirements
- Nigerian Stock Exchange (NSE): minimum market capitalization of N2.5 billion (approximately $6.7 million) and a minimum number of shareholders
- New York Stock Exchange (NYSE): minimum market capitalization of $100 million and a minimum number of publicly traded shares
- Tokyo Stock Exchange (TSE): minimum market capitalization of ¥10 billion (approximately $90 million) and a minimum number of shareholders
Trading Currency
- Nigerian Stock Exchange (NSE): Nigerian Naira (NGN)
- New York Stock Exchange (NYSE): United States Dollar (USD)
- Tokyo Stock Exchange (TSE): Japanese Yen (JPY)
Overall, the Nigerian Stock Exchange is a smaller and less liquid market compared to the New York Stock Exchange and Tokyo Stock Exchange. However, it is still an important platform for investors to access the Nigerian economy and diversify their portfolios.