Capital Market

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 […]

NSE Extends Losses on Selloffs across Oil & Gas Counters as CBN Retains Rate

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Tuesday extended losses to the eighth consecutive session primarily driven by heavy selloffs across the Oil & Gas names with the all -share index (ASI) falling by 0.15 percent to close at 25,461.34 points. This is coming on the heels […]

Local Equities Tumble to Open Week, Extends Losing Streak to Seventh Consecutive Session

By InvestAdvocate Lagos (INVESTADVOCATE)-Local equities on Monday tumbled to open the week extending its losing streak to the seventh consecutive session (the market has actually recorded only two sessions of positive return this month), according to Cordros daily market update. At the close of the session on the Nigerian Stock […]