Author: InvestAdvocate

AMCON to provide more Bonds for Capital Market -CIS President

By Peter OBIORA investadvocate Nov 15 2010 06.10 GMT Michael Itegboje, the President of Nigeria’s Chartered Institute of Stockbrokers (CIS) has affirmed that more Bonds would come to the Nigerian Capital Market (NCM) through the recently established Asset Management Corporation of Nigeria (AMCON).   Itegboje made this affirmation Saturday November 13 […]

Taxes, inflation data to dominate week

By Agency reporter Monday, 15 Nov 2010 NEW YORK: Without a boost from Washington policymakers or data showing budding strength in the economy, Wall Street‘s rally may be running out of fuel as the Standard& Poor 500 eases off its 2010 high. Reuters reported on Saturday that a data-heavy week could […]

US stocks follow Asian markets’ slide

By Agency reporter Monday, 15 Nov 2010 WASHINGTON: The United States stock market followed Asian stocks downward on Friday amid investor concern that China may be poised to rein in its superheated economy. The Dow Jones industrial average fell by 0.8 per cent to 11,192.58, while the Standard & Poor‘s 500-stock […]