November 23, 2016/Cowry Asset Research The overall equities market performance measures, NSE ASI and market capitalization, both rebounded by 21.9 bps. Elsewhere, NIBOR moved in mixed directions across the tenor buckets. NITTY increased across most of the tenor buckets amid sell pressure Click here for details
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 […]
