Capital Market

PwC: SMEs to dominate HK IPO market this year

Edmond Chan, partner at PwC Capital Market Services Group, said at the press conference that Hong Kong’s IPO market will maintain the momentum seen in the last quarter of 2013 this year on prospect of strengthened investors’ confidence. Chan predicted that small- to medium-sized companies will become the pillar of […]

Access Bank Divest from Cote d ’Ivoire subsidiary

By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – The Board of Directors Access Bank Plc Thursday announced it has divested from its Cote d ’Ivoire subsidiary, Access Bank Cote d’Ivoire. According to the bank, the divestment was concluded via a direct sale of the Bank’s entire equity holding in the subsidiary […]

Wall Street falls on first trading day of 2014; techs weigh

U.S. stocks fell on their first day of trading in 2014 as investors booked profits in the wake of the S&P 500’s best yearly advance since 1997. Shares of Apple Inc (AAPL.O) fell 1.3 percent to $555.59, leading a decline in technology stocks, after Wells Fargo cut its rating on […]