Last year was not a good year for initial public offerings. Only 128 companies managed to IPO compared with the 154 that did in 2011 and the long term average of nearly 200 per year. The median proceeds raised by IPOs fell by 23% and 40% of companies ended up […]
Author: InvestAdvocate
2013 activities begin positive as index gains
The equities section of the Nigerian Stock Exchange began the New Year on a remarkable note, with indices appreciating further. The NSE All-Share Index appreciated by 1.50 per cent or 422.40 basis points to close on Wednesday, at 28,501.21 points, up from 28,078.81 points recorded the previous day, Similarly, the […]
Market gains: Investors advised to restructure portfolios
Investors in the Nigerian capital market have been advised on the need to re-align and diversify their investments to ensure that they make good returns. This advice was given by market analysts following the back of continuous appreciation recorded in the capital market last year. Specifically, the market capitalisation of […]
