Capital Market

Stocks Open Week Negative, as NSE Ends October with 3.94% Loss

By InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Monday dominated activities on the Nigerian bourse, with the all-share index (ASI) depreciating by 0.27 percent to close at 27,220.09 points. “Today’s performance increased the Month-to-Date and Year-to-Date losses to 3.94 percent and 5.13 percent respectively,” Cordros daily market update affirmed. At the close […]

Stockworld: How recession affects capital market activities

October 31, 2016/Sunnewsonline.com By Chinenye Anuforo and Chinwendu Obienyi Economic recession is a period of general economic decline and is typically accompanied by a drop in the stock market, an increase in unemployment, and a decline in the housing market. Generally, a recession is less severe than a depression. Recession […]

Bears Sustain Hold on Nigerian Bourse; Stocks Close Lower 1.10% WoW

By InvestAdvocate Lagos (INVESTADVOCATE)-The bears on Friday sustained its hold on the Nigerian Stock Exchange (NSE) as the All-Share Index (ASI) and Market Capitalisation depreciated by 1.10 percent to close the week at 27,294.21 and N9.375 trillion respectively. “However, all other Indices finished higher during the week with the exception […]