Capital Market

Wall St. set for flat open a day after hitting records

Photo Credit: BitCoin News November 23, 2016/Reuters By Yashaswini Swamynathan Wall Street was poised for a quiet open on Wednesday, a day after the post-election rally powered major indexes to record highs as investors bet that the next U.S. government’s policies would be more market friendly. However, healthcare stocks, which […]

Nigeria Union Bank to seek approval for 50 bln naira share sale

November 22, 2016/Reuters Nigeria’s Union Bank plans to seek shareholder approval next month to raise 50 billion naira ($158.7 million) through a share sale to existing investors, the bank said on Tuesday. In a notice to shareholders, the lender also said it will seek approval to increase its authorised share […]

Wall St. eases from record highs, Dow tops 19,000 for first time

November 22, 2016/Reuters By Yashaswini Swamynathan U.S. stock indexes hit record intraday highs for the second straight day on Tuesday, with the Dow topping 19,000 and the S&P 500 moving past 2,200 as the post-election rally continued. The small-cap Russell 2000 index hit an intraday high for the fourth day […]