December 20, 2016/CSCS The Board of Central Securities Clearing System PLC (CSCS) today announced that it has named Mr. Bola Adeeko as Interim Managing Director/Chief Executive Officer effective January 3, 2017. Mr. Adeeko is currently a General Manager and Head of Corporate Services Division at The Nigerian Stock Exchange. Mr. […]
Capital Market
NSE Extends Losses, ASI Down 0.17%
December 20. 2016/Cordros Research The Nigerian equities market extended losses, with the ASI declining by 0.17% to close at 26,540.87 points. Today’s bearish performance pared the Month-to-Date gain to 4.77% and increased the Year-to-Date loss to 7.58%. The Oil & Gas (-1.85%) index suffered the biggest loss, as investors liquidated […]
Egypt, Zimbabwe Stock Markets Lead African Markets in 2016 as Lusaka Exchange Top Losers
Culled—Proshare December 19, 2016/Proshare Markets The performance of African Stock markets so far in 2016 has not been very impressive, looking at the current YTD performance, as most indices trade in the red zone. A quick review of African stock markets performance reflects that the Egyptian EGX 30 Index tops the […]
