A rally by the stock market in December has helped the equities market to defy seasonality, analysts at Meristem Securities Limited have said. According to the Chief Executive Officer, Lambert Trust and Investments Limited, Mr. David Adonri, the equities market often declines in the fourth quarter of the year for […]
Capital Market
NSE All-Share Index Up by 0.94% to Close Week after Xmas Holidays
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) All-Share Index (ASI) Friday inched up by 0.94 percent (0.94%) to close the week after the Christmas holidays. The NSE ASI appreciated by +0.94% to close at 40,231.68 basis points, compared with the depreciation of -0.12% recorded previously. According to the Nigeria’s Exchange stock […]
Euro rises to more than two-year high; yen falls
The euro jumped to its strongest level against the dollar in more than two years on Friday as banks adjusted positions for the year end, while the yen hit five-year lows for a second straight session. The dollar was broadly weaker against European currencies, including sterling and the Swiss franc. […]
