By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)- The Bulls dominated the Nigerian Stock Exchange (NSE) as the All Share Index (ASI) climbed 1.88 percent (1.88%) over the week to hit 39,563 points mark. Financial Markets Report in the review period by Investment One Financial Services Reports that the NSEASI delivered 38.11% […]
Capital Market
S&P cuts EU long-term rating to AA+
Standard & Poor’s cut its long-term credit rating on the European Union to AA-plus from AAA on Friday, citing rising tensions on budget negotiations. The move follows cuts to the ratings of EU member states in recent months. “In our opinion, the overall creditworthiness of the now 28 European Union […]
European stocks inch up, euro dips on S&P downgrade
European shares inched up on Friday with riskier assets still in demand following a broadly neutral shift in U.S. monetary policy, and the euro dipped after a credit agency cut its rating on the European Union. The FTSEurofirst 300 .FTEU3 index of top European shares was up 0.2 percent after […]
