October 21, 2016/Reuters By Shinichi Saoshiro | TOKYO Asian stocks were mostly lower on Friday as the dollar climbed to seven-month highs against a basket of currencies and dragged down crude oil prices, cooling investor risk appetite. Equities were expected to continue sagging in the European session, with spreadbetters forecasting […]
Capital Market
Stocks Extend Decline as Investors Reduce Exposure
By Yakubu LAAH InvestAdvocate Lagos INVESTADVOCATE)-Nigerian Stocks on Wednesday extended its decline for the third consecutive session as the all-share index (ASI) dropped by 0.28 percent to close at 27,478.04 points. “Today’s negative performance increased the Month-to-Date and Year-to-Date losses to 3.03 percent and 4.20 percent respectively,” according to reports […]
BRVM Emerges First Stock Market for Islamic Finance in Africa to List Five Sukuks amounting to $1.3 Billion
By InvestAdvocate Lagos (INVESTADVOCATE)-The Regional Stock Exchange (BRVM) on Wednesday said it has admitted in its listing the first five Sukuks issued by Côte d’Ivoire, Senegal and Togo, on the sidelines of the 2nd Forum on Islamic Finance in Africa held in Abidjan “The first listing reflects the commitment of […]
