Capital Market

NSE Seek Proposal on Independent Research Reports on Firms with Market Cap of $50 million/below

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) said its seeking invitation for submission of proposal to provide independent research reports on small capitalised firms of $50 million and below listed on its Bourse to attract investors’ interest. This is contained in a Statement posted on the website […]

Asian shares tumble to three-week low on China services PMI

Asian shares fell to a three-week low on Monday after growth in China’s services sector slowed sharply last month, raising concerns about the pace of recovery in the world’s second-largest economy, while safe-haven gold climbed. The dollar hovered near a four-week high, supported by an upbeat outlook for the U.S. […]

CSE to be demutualized

Sri Lanka is in the process of introducing demutualization to the Colombo Stock Exchange (CSE), Securities and Exchange Commission (SEC) sources said. The SEC is in the process of finalizing the demutualization of the CSE to bring the Capital Market in line with those of more mature level, Former Executive […]