Capital Market

SIAML Pension ETF 40 Launches N1.0 Billion IPO

By InvestAdvocate Lagos (INVESTADVOCATE)-The SIAML Pension ETF 40 with the initial offer size of N1 billion is an Exchange Traded Fund which aims to replicate as closely as possible, the total return of The NSE Pension Index (i.e. an index which tracks the top 40 companies on The NSE in […]

NSE Halts 6-Day Losing Streak on Renewed Interest in Banking Stocks

By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Thursday halted a 6-day losing streak with the all-share index (ASI) advancing by 0.18 percent to close at 26,221.75 points; driven by renewed interest in banking stocks. “Following today’s gain, the Month-to-Date (-3.67 percent) and Year-to-Date (-8.73 percent) returns […]

Wall Street gains as traders bet on Clinton triumph

November 8, 2016/Reuters By Noel Randewich U.S. stocks rose for a second straight session on Tuesday as investors bet Democratic candidate Hillary Clinton would win the U.S. presidential election. Wall Street sees the former secretary of state as a status quo candidate lending stability to the markets, while Republican candidate […]